Question

Answer the following questions.

Explain in brief the data provided by Accounting Information System (AIS) to the departments.

Answer 1

Accounting Information System provides the following data to the other departments.

1. Human Resource Department: Data related to the expenses that are incurred on employees under various heads such as salary, provident fund, etc.

2. Marketing Department: Data related to the sales amount, bad debts, selling and distribution costs etc.

3. Stores Department: Data related to the market, material that is to be stored etc.

4. Production Department: Data related to the present market demand, stock that is lying in the godowns, sales targets etc.

5. Research and Development: Data related to money spent on research and development and the amount that is provided for future plans