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differences between ebp and ebpp systems

Differences between ebp and ebpp systems:

Accounting Systems And Information Assurance Assessment Answers

Discuss about the Accounting Systems and Information Assurance Finance.

 

Answer:

Introduction:

Similarities between EBP and EBPP systems:

Differences between EBP and EBPP systems:

Though both the systems sound similar, there are some differences between the two. The system of Electronic Bill Payment (EBP) involves the transfer of money with credit card through internet while the Electronic Bill Presentment and Payment (EBPP) involve formation and delivery of transaction bills and statements. Electronic Bill Payment is a direct mode of payment between buyers and sellers through internet banking. On the other hand, Electronic Bill Presentment and Payment involves generation of bills through respective banks (Le et al. 2015).

2. “Data flow diagram” is a graphical illustration of the data represented through information system to create an overview of the operating system of the organization. It shows the type of input and output information to evaluate the origin of data flow and the storage system of the data flow (Tao et al. 2015).

Entity relationship diagram is graphical representation of the information system between people, substance, places or events within an organization. The representation is used to define the flow of information and relationship between the elements. In the given presentation, flow of information of between students, course and instructor have been made. The diagram shows the identification of students’ number, respective course number and grade. The next representation shows the detail of each course number with title of the course and respective instructor number followed with the name and location of instructor with each number. The representation assists in easy and concise identification of each student and their courses, grades and instructor (Tao et al. 2015).

3. Internal entities are the systems that directly influence the business operation mechanism in an organization. Internal entities comprises of internal stakeholders with respect to owners, managers and employees having a direct affect on the organizations. However, external entities are those outside the organization but are affected by the performance of the organization. External entities comprises of stakeholders like consumers, shareholders, suppliers, government, creditors and society (Călean, Sîrb and ChiÅŸ 2015).

Reference List:

Blakely, T.J. and Dziadosz, G.M., 2015. Provider Agency Practices as a Source of Social Work EBP. Journal of evidence-informed social work, pp.1-8.

Călean, I., Sîrb, L. and ChiÅŸ, A.O., 2015. The Qualitative Mathematical Modeling of the Ambiguity within Internal Audit using Fuzzy Logic in the Forestry Entities. Procedia Economics and Finance, 32, pp.1654-1666.

Tao, F., Zhao, B., Fuxman, A., Li, Y. and Han, J., 2015, May. Leveraging Pattern Semantics for Extracting Entities in Enterprises. In Proceedings of the 24th International Conference on World Wide Web (pp. 1078-1088). ACM.

Turban, E., King, D., Lee, J.K., Liang, T.P. and Turban, D.C., 2015. Electronic Commerce Payment Systems. In Electronic Commerce (pp. 519-557). Springer International Publishing.

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