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Explain What an AIS Is,describe the Basic Tasks It Performs

question 54

Essay

Explain what an AIS is,describe the basic tasks it performs in an organization,and give some examples of the types of accounting transactions it processes.


Definitions:

Inventory Forecast

The process of estimating the amount of inventory a company will need over a future period based on historical sales data, seasonality, and market trends.

Regression Line

A statistical method used to describe the relationship between a dependent variable and one or more independent variables, usually represented as a straight line on a graph.

Dividend Payout Ratio

The percentage of a company's earnings distributed to its shareholders in the form of dividends.

AFN

Additional Funds Needed; the extra funding required by a firm to support its operations and growth.

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