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Business, 06.05.2020 06:01 theuniicorntamer
Database systems may profoundly affefct the fundamental nature of accounting. The basic rationale for the double-entry model is that the redundancy of recording the amount of a transaction twice provides a check on the accuracy of data processing. The double entry-accounting system may be unecessary in database systems. Explain why this could be true and discuss any impact of database systems on accounting and the AIS.
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