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.

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Definitions:

Unemployment Rates

Unemployment Rates represent the percentage of the labor force that is jobless and actively seeking employment.

Breakthrough

A significant or sudden advance or discovery that contributes to progress in a particular field.

Labor Needed

The amount of workforce or manpower required to complete a task, fulfill a job, or achieve a production goal.

Standard Of Living

A level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area.