Going out on a limb - body parts and others. Throughout our history, we've hit the headlines for insuring the weird or rather wonderful body parts of celebrities. 1920s Silent film comedian Ben Turpin famously bought a $25,000 insurance policy with Lloyd's, payable if his trademark crossed eyes ever uncrossed.
What is 'Enterprise Resource Planning - ERP'. Enterprise resource planning (ERP) is a process by which a company (often a manufacturer) manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance and human resources.
An accounting information system (AIS) is a structure that a business uses to collect, store, manage, process, retrieve and report its financial data so that it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors and regulatory and tax agencies.omponents of an Accounting Information System Accounting information systems generally consist of six main parts: people, procedures and instructions, data, software, information technology infrastructure and internal controls. Let's look at each component in detail.