Question

Integrated accounting system is
beneficial because
perpetual inventory system can be
dispensed with
no valuation of work in progress is
necessary
estimation of budgets easy
n!
it eliminates problems of reconciliation​

Answer 1

A key benefit of an integrated accounting system is that information is entered once and shared with other modules, including the general ledger. ... Additionally, maintaining one set of accounts avoids duplication of efforts and provides decision-makers with accurate information in a timely manner