For each source document discuss the business process that


1. The financial accounting cycle starts with the identification and recording of business transactions and events collected using source documents. Review the business processes of an organization you are familiar with and identify at least five examples of source documents used in its AIS. For each source document, discuss the business process that the source document is used in and the role the document plays in that process.

2. ERP systems present many opportunities and challenges to user organizations. Identify a business organization that has used an ERP system and show how the organization has benefited from the use of the ERP. Further, describe the measures you will use in assessing the value of the ERP.

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Accounting Basics: For each source document discuss the business process that
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