1. Compare and contrast typical Accounting Information Systems in a small (under $2 million sales,
10 employees) company versus a large (over $100 million sales, 20,000 employees) company in
terms of Information Systems (hardware & software), IT department structure, and internal
controls.
2. Many business activities do not result in an accounting transaction; i.e., they do not affect the
general ledger. Accepting a customer order or signing a contract with FedEx for shipping
services are examples. Identify two or three more examples. Why would managers and
investors be interested is these activities?
10 employees) company versus a large (over $100 million sales, 20,000 employees) company in
terms of Information Systems (hardware & software), IT department structure, and internal
controls.
2. Many business activities do not result in an accounting transaction; i.e., they do not affect the
general ledger. Accepting a customer order or signing a contract with FedEx for shipping
services are examples. Identify two or three more examples. Why would managers and
investors be interested is these activities?