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You Are an Intern in a Large Company

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Essay

You are an intern in a large company. The company would like to improve the communications between the accountants and IT. Because of your background in AIS, you are asked to train the accountants. Explain how a data base query would be used with a database for to update the address information of a company's vendor.


Definitions:

Unamortized Bond Discount

The portion of a bond discount that has not yet been expensed to interest expense over the life of the bond.

Bonds

Fixed-income investment products that represent loans made by an investor to a borrower, typically corporate or governmental.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for the preparation of public company financial statements.

Premium Account

An upgraded account or service that a customer opts for, typically providing additional features or benefits for an extra cost.

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