ACC 564 Week 1 Discussion
Questions – Strayer NEW
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Week 1 Discussion 1
"Value
of Information" Please respond to
the following:
Firms
realize that in order to make money, they have to invest money. This can be
attributed to the information that the firm relies on. As discussed in the
text, there are seven characteristics of useful information. From the first
e-Activity and assuming that you are new CFO of Strayer University, identify
the top-three characteristics you would rely on the most for improving the
profitability of the firm. Provide an example of how each characteristic would
directly help the firm in terms of profitability.
On the
other hand, public and private firms are accountable to a wide range of
regulators and stakeholders. Of the seven characteristics, identify the top
three that would be applicable to meeting the needs of regulators and
stakeholders. Provide an example of how each characteristic would directly help
the firm in terms of meeting the needs of these key regulators and
stakeholders.
Week 1 Discussion 2
"Impact
of Design of an Accounting Information System (AIS)" Please respond to the following:
Some of
the world’s most successful companies (Fortune 500) operate multiple lines of
business. Despite this fact, many of these firms rely on a single AIS. From the
second e-Activity, for the business you researched, examine how its lines of
business would affect the design of a new AIS.
If the
business was selecting a new AIS, examine how the business model would affect
the design of a new AIS.
