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Accounting Information

System
Chan Chee Tatt 0111913
Lim Chian Yuh 0111746
Loo Yee Chyi 0110324
Michelle Tan Zhi Ling 0110319
Yeung Pui Yee 0111616

Types of business : Fast Food Restaurant

a. FOUR (4) characteristic that make information


useful and meaningful for decision making.

4.
1.
Reliable
Relevant
2.
3.Accessible
Timely

a. FOUR (4) characteristic that make information


useful and meaningful for decision making.

1. Relevant

AIS provides management with useful information and data


needed to determine a business whether it is at loss or a profit
and measures business transaction

management is required to review the price of their goods and


services based on relevant information such as financial
statement and exclude the element of sales tax and service
tax in order to make decision after the implementation of GST

a.FOUR (4) characteristic that make information


useful and meaningful for decision making.

2. Accessible

used to keep customer details on the system

McDonald fulfils consumer demands for delivery items to


your front door which it can access customers details
easily in the software such as house address

a. FOUR (4) characteristic that make information


useful and meaningful for decision making.

3. Timely

accounting information system assists management of


McDonald to access the up-to-date financial reporting,
GST accounting process, GST tax invoices, GST reports and
others which allow them to make fast decision and
monitor the financial status clearly and completely.

a. FOUR (4) characteristic that make information


useful and meaningful for decision making.

4. Reliable

Two internal auditor in McDonald check financial records


for accuracy and ensure the operations are running
smoothly and comply with laws and regulations.

The reliable information provided by McDonald in


advertisement such as the ongoing promotion HAPPY MEAL
which comes with a variety choice and a free toy with
only RM6.50.

b. FOUR (4) benefits for value of


information which can be adopted via AIS.

1. Reduce
Uncertainty

2. Improve
Decisions

4. Improve
Scheduling

3. Improve
Planning

b. FOUR (4) benefits for value of information which


can be adopted via AIS.

1. Reduce Uncertainty

Reduce the doubt and uncertainty in their


transaction records as all transactions made are
being recorded in the AIS and without any
mistakes can be known easily.

Compared to before, all transactions are being


recorded by writing down in a book and mistakes
will be made easily without knowing.

b. FOUR (4) benefits for value of information which


can be adopted via AIS.

2. Improve Decisions

Improve the decisions made as it is easy to identify


the problems and inventory stocks can be checked
easily with just a click.

Before when AIS was not being used, they have to


search it in those books they recorded to find the
stocks in their inventory to make sure if purchases
for inventory are needed.

b. FOUR (4) benefits for value of information which


can be adopted via AIS.

3. Improve planning

profits and losses income statement can be get


instantly and plans can be decided quickly

Before implementation of AIS, its hard and take times


to determine sales that bring most profit to the
company

b. FOUR (4) benefits for value of information which


can be adopted via AIS.

4. Improve Scheduling

manager can immediately notice if there


is a over-budget or not and start
scheduling

before implementation of AIS, it take a lot


of effort and time to prepare a budget
report

c. FIVE (5) primary activities of AIS which


can add value to an organization.

c. FIVE (5) primary activities of AIS


which can add value to an organization.

1. Inbound logistic

purchases raw materials and raw vegetables from suppliers to


increase their labour and capital, as well as the production

McDonalds has system which is vertical combination by a


replacement of suppliers

c. FIVE (5) primary activities of AIS


which can add value to an organization.
2. Operation

The Speede Kitchen of McDonalds included a


large grill where a person able to make more
burgers
and a fryer where a person can make
more French
fries.

a soda fountain and milkshake machine for beverages and


desserts

the mass production process needs each of the restaurants


chain to have distribution network
to carry the food
to every restaurant

c. FIVE (5) primary activities of AIS


which can add value to an organization.

3. Outbound logistic

serve a balanced array of food choices and


provide the full information of nutrition for every
customer

fully concerned on waste management,


sustainable packaging, and energy conversation

decorate and design their menu to be more


modernize that goes through customer experience

provide the excellent service to customer to all of


the customers enjoy all the experience of
McDonalds

c. FIVE (5) primary activities of AIS


which can add value to an organization.
4. Marketing and sales
Advertising

maintained a substantial advertising in mass


media (television, radio, newspaper, and
Internet)

helps make important utilization of


advertisements and signs

generally played out the core part inside the


companys promoting approach

c. FIVE (5) primary activities of AIS


which can add value to an organization.
5. Services
(a) Free Wi-Fi
customers can easily gain access to the online world at

McDonalds restaurant

(b) PlayPlaces & Parties

speak to the McDonalds manager and they will


get prepared a party for customers

customers could have their childs get together at


McDonalds PlayPlace

Any
questions ?

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