How did bank make use of accounting information?

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How did bank make use of accounting information?

Different components comprise a bank accounting information system. [ Bank systems are classified as "hybrid" systems, which provide basic accounting operations, bank information systems decision support software, offline banking products (insurance, business financial management plans) implemented and initiated on intra-office networks to serve customers. Bank accounting systems are under state and federal regulatory agencies to ensure the accuracy and integrity of bank accounting systems. Read more: Accounting Information Systems Used in Banking | eHow.com ]

Expert answered|debnjerry|Points 26795|

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Asked 2/12/2012 8:36:34 AM

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