Chapter 1

1. Accounting information systems is a collection of resources, such as people and equipment, designed to transform financial and other data into information.
2. The users of accounting information fall into two groups: external and internal.
External users include stockholders, investors, creditors, compettiros, labor union, ect. They use the company’s financial statements to gain insight into the company. Internal users consist of different levels of management who each need different information.
3. Electronic “data processing”- use of computer technology to perform an organization’s transaction-oriented data processing. “routine/general info”
Management information systems- provides decision-oriented information to managers.
Decision Support System- requires the use of decision models and special databases, provides specific nonroutine information to managers. “what if info”
Expert systems- uses its knowledge about specific application area......

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Title: Ais
Approximate Word Count: 630
Approximate Pages: 3 (250 words per double-spaced page)

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