outlining the benefits of using an online accounting software tool such as MYOB and Quickbooks .
1) Outline the various economic transactions and events which would take place in a small manufacturing organisation.
2) Outline the benefits of using an online accounting software tool over an organisation relying on maintaining a manual set of books.
3) Provide an example of one transaction cycle (eg sales cycle) in a small manufacturing organisation and how an online accounting software tool such as MYOB would be useful.
4) The risks and associated costs an organisation may be exposed (show) to due to maintaining a manual set of books.

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