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2 cards from this section. Quick, good the night before a test.
What is computerized accounting?
Think about how computers help in financial management.
Name one benefit of computerized accounting.
Consider common issues with manual calculations.
What does computerized accounting involve?
Consider how businesses record their transactions today.
True or False: Computerized accounting increases the chance of human error.
Reflect on errors that occur with manual processes.
Design a comparative analysis of costs between manual accounting and computerized accounting for a mid-sized firm.
Consider both direct and indirect costs.
Present a case where data security was breached in manual accounting and discuss how computerized systems can prevent such breaches.
Look into recent financial data breaches for real-life examples.
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