# data[].attributes.body
1. Flexible payment
2. Scalable usage
3. Automatic updates
4. Accessibility and persistence

# data[].attributes.body
software distribution model in which a third-party provider hosts applications and makes them available to customers over the Internet

# data[].attributes.body
What is Software as a Service (SaaS)?

# data[].attributes.body
The organization structure should be such that the perpetration of a fraud requires collusion between two or more individuals

# data[].attributes.body
Asset custody should be separate from asset record keeping

# data[].attributes.body
Transaction authorization should be separate from transaction processing.

# data[].attributes.body
What are the three rules that ensure that no single employee or department processes a transaction in its entirety?

# data[].attributes.body
contains records of past transactions that are retained for future references and form an important part of the audit trail.
Example:
- Journals
- Prior-period payroll information
- List of former employees
- Records of accounts written off
- Prior-period ledgers

# data[].attributes.body
stores data that are used as standards for processing transactions.
Example :
-Price list used for preparing customer invoices
- Lists of authorized suppliers
- Employee roster
- Customer credit file

# data[].attributes.body
temporary files of transaction records used to update data in master file.
Example:
- Sales order
- Inventory receipts
- Cash receipts

# data[].attributes.body
contains account data.
Example :
- General ledger
- Subsidiary ledgers

# data[].attributes.body
Give an example of a record for each of the four files types found in a computer-based system.

# data[].attributes.body
Differences between Accounting Information System and Management Accounting System

# data[].attributes.body
Changes the customers' names and address to keep the customer file current

# data[].attributes.body
As organization grow in size and complexity, specialized functional areas emerge. requiring additional information for production planning and control, sales forecasting, inventory warehouse planning, market research and so on.

# data[].attributes.body
Process nonfinancial transactions that are not normally process by traditional AIS. The functional areas for MIS is finance, marketing, distribution and personnel

# data[].attributes.body
Requires information that goes beyond the domain of AIS

# data[].attributes.body
1. Transactions processing systems (TPS)
2. General ledger / financial reporting systems (GL/FRS)
3. Management reporting system (MRS)

# data[].attributes.body
Process financial transactions and nonfinancial transactions that directly affect the processing of financial transactions.