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AIS Romney 2006 Slides 12 the Production Cycle

AIS Romney 2006 Slides 12 the Production Cycle

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06/26/2014

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 © 2006 Prentice Hall Business Publishing Accounting Information Systems, 10/e Romney/Steinbart
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C
HAPTER 12The Production Cycle
 
 © 2006 Prentice Hall Business Publishing Accounting Information Systems, 10/e Romney/Steinbart
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INTRODUCTION
Questions to be addressed in this chapter include:
 –What are the basic business activities and dataprocessing operations that are performed in theproduction cycle? –What decisions need to be made in the productioncycle, and what information is needed to make thesedecisions? –How can the company’s cost accounting system helpin achieving the entity’s objectives? –What are the major threats in the production cycleand the controls that can mitigate those threats?
 
 © 2006 Prentice Hall Business Publishing Accounting Information Systems, 10/e Romney/Steinbart
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INTRODUCTION
The production cycle is a recurring set of business activities and related dataprocessing operations associated with themanufacture of products.

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