In: Accounting
What are some of the consequences to a company that makes a poor decision in selecting a new AIS?
Answer-
AIS stands for Accounting Information System. AIS is a computer based system which helps the company to record, collect, store and summarise financial data to easily analyse. This helps decision makers to take decisions that are important for the company.
A company uses effective Accounting Information System for the reliability and relevan use of information of all the accounts.
Explained :-
CONCLUSION-
All of the above are the reasons by which company's can lead to poor decision making while selecting a new AIS. Three reasons which leads to poor decision and create consequences.