What is the purpose of an accounting system

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You are employed by a business consulting firm as an information systems specialist. You have just begun an assignment with a startup company and are discussing with the owner her need for an accounting system. How would you respond to the following questions from the owner?

Problem a) What is the meaning of the term accounting system?

Problem b) What is the purpose of an accounting system and what are its basic functions?

Problem c) Who is responsible for designing and implementing an accounting system?

Reference no: EM132626306

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