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Bbit 437:Accounting Information Systems Question Paper

Bbit 437:Accounting Information Systems

Course:Business Information Technology

Institution: Kenya Methodist University question papers

Exam Year:2012

KENYA METHODIST UNIVERSITY

END OF 2''ND ''TRIMESTER 2012 (DAY) EXAMINATIONS
FACULTY : COMPUTING AND INFORMATICS
DEPARTMENT : COMPUTER INFORMATION SYSTEM
UNIT CODE : BBIT 437
UNIT TITLE : ACCOUNTING INFORMATION SYSTEMS
TIME : 2 HOURS

Instructions:

Answer question one and any other two questions

Question One

Describe five components of a computerized accounting information system.

(5mks)

Explain how to design a system chart of accounts.

(4mks)

Using appropriate examples explain what an integrated accounting software is.

(4mks)

Describe the conceptual systems design activities.

(5mks)

Identify and explain two major threats in the production cycle and explain two ways of dealing with those threats.

(4mks)

Explain briefly the sequence of activities that take place in auditing process.

(4mks)

What are the four basic elements of a data flow diagram?

(4mks)

Question Two

Explain how the following tasks can be accomplished in quick books
Adding a customer
Turning on stock and purchase orders
Receiving payment in QuickBooks
Purchase of items on cash

Generating financial reports.

(10mks)

Explain with example the following sections of an income statement
Revenue
Cost of goods sold
Gross margin
Non-operating expenses

Selling and administrative

(10mks)

Question Three

Explain five actions that can be taken to improve the accuracy and efficiency of data input in an accounting information system.

(10mks)

"A systems survey involves an extensive study of the current accounting information system" (Romney et al). Identify and explain five objectives of system surveys suggested by Romney and his colleagues.

(10mks)

Question Four

Explain how intranets assist efficient working in
Finance and accounting

Sales and marketing departments.

(8mks)

Discuss methods for increasing the likelihood of success and for minimizing the potential risks associated with e-business.

(12mks)

Bbit 437:Accounting Information Systems Question Paper

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