Computers in Accounting
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Benefits of using computers
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Faster
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More Accurate results
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Email Copies
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What if scenarios
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Easier Storage
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Long term cost saving
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Company looking to the future ?
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Print multiple copies with good clarity
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Drawbacks of using computers
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High Capital Cost of equipment and software
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Training costs
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Resistance to change of systems
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Motivational issues due to uncertainty
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Redundancies? Will trade unions get involved
which could lead to the company’s reputation suffering?
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Computer viruses and bugs
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Set up / installation teething problems
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Running dual systems initially may increase
complexity of task
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Input of data to switchover
Exam Technique
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These are a written question – watch out for whose
perspective we are talking about. Is it
from staff point of view or the company?
There would be a different exam answer for each one!!!
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This question needs to be applied to the
scenario (computerised stock systems and ledgers)