The following definition of research come from a research paper by coyne, summers, williams, and wood (2010, available here) accounting information systems (ais) studies which address issues related to the systems and the users of systems that collect, store, and generate accounting information. Therefore, keeping of inventory is a must for the efficient working of a business unit finished goods are completed goods awaiting sale in a manufacturing concern they are the final output of the production process. Government entities use gasb (government accounting standards board) accounting standards for creation of their financial statements for-profit businesses use fasb (financial accounting standards.
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