(Solved): course accounting and finance subject computerized accounting system  QUESTION 2 A Point o ...

QUESTION 2 A Point of Sale (POS) wystem is a popular solution for many businesses to manage their business transactions From its basic approach, functioning as cash register to improve sales and now it has brought number of advantages to stay competitive within an exer, dynamic business environment even with the current technological advancements You are required to: (b) How the cloud-based POS system would be helpful for the businesses to achieve their respective business objectives from the following perspectives? (1) Managing suppliers and customers (11) Managing and processing of business data (11) Reporting (iv)Data safety and security (v) Business growth and profitability Support your discussion and analysis with relevant level of research and provide examples where necessary (30 marks)