Another purpose of an accounting information system is to provide relevant and accurate accounting information to those who need it and when they need it.

Question

Quizplus · Accepted Answer

Providing relevant and accurate accounting information to users is one of the main purposes of an accounting information system. This information can be used to make informed business decisions, prepare financial statements, and comply with regulatory requirements. It is important that the information is timely and accurate, so that users can rely on it to make important decisions.

Another Purpose of an Accounting Information System Is to Provide