question archive This year you obtain a new client, Stem Corporation, a local distributor of appliances
Subject:AccountingPrice:2.87 Bought7
This year you obtain a new client, Stem Corporation, a local distributor of appliances. Before becoming your client, Stem had installed a microcomputer-based accounting system to handle its payables, receivables, payroll and general ledger. Stem purchased its microcomputer with off- the-shelf software and appears very pleased with it. You notice that the computer sits on the bookkeeper’s desk. You ask Antonio Chua, the CEO, about his thoughts about the computer system, and he states:
The system is absolutely great. It has already saved us a lot of time and money. I get reports then I want them, not days later. In fact, it is so good, why don’t you try it? The password is STEM. You can go ahead and use it. If you want any backup files, they are stored in the supply room. We sure saved a lot of money by purchasing the system from a mail-order operation. A systems analyst wanted P20, 000 to help pick the best system for us, and a local dealer wanted
P16,000 more for comparable hardware and software.
Requirement:
Identify the concerns about the system that STEM uses. Your answer must be in paragraphs and must contain a minimum of 300 words.
Answer:
Summarized the information provided in the question; This year you obtain a new client, Stem Corporation, a local distributor of appliances
Identifying the concerns about the system that STEM uses:
Here may be a systematic methodology to guide a professional person in recommending and putting in a personal computer system for a consumer. Presents a comparison of diverse code packages which will meet bound system desires. choosing the correct package is that the key part in planning a system--a task to not be undertaken while not careful preparation, that the author presents a road map.
Today's business atmosphere is fast and competitive. To survive and prosper, a computer-based strategic-information system is crucial. Such a system will facilitate the corporate to manage its monetary and in operation results expeditiously and supply management with timely and correct info regarding the corporate, its customers, creditors, and competitors.
It is not shocking that a lot of and a lot of corporations square measure recognizing the necessity to alter their accounting and monetary systems. This leads to a brand new chance for CPAs--computer consulting. Installation of personal computer accounting systems for little to mid-sized businesses may be a quick growing and eminent follow space.