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Acct: 325/Fnce 325: Accounting Information System/E-Finance Question Paper

Acct: 325/Fnce 325: Accounting Information System/E-Finance

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2010

KABARAK UNIVERSITY
UNIVERSITY EXAMINATIONS
2009/2010 ACADEMIC YEAR
FOR THE DEGREE OF BACHELOR OF
COMMERCE

COURSE CODE: ACCT: 325/FNCE 325

COURSE TITLE: ACCOUNTING INFORMATION
SYSTEM/E-FINANCE

STREAM: Y3S2

DAY: MONDAY

TIME: 9:00 – 11:00 A.M.

DATE: 22/03/2010

INSTRUCTIONS
1. Do not write on the question paper.
2. Give precise and concise answers.
3. Marks are shown at the end of the question.
4. Answer all questions in section A and any two questions in section B

SECTION A
QUESTION 1
Mineli (K) Ltd intends to replace its currents financial information system in order to enhance
efficiency and accommodate its planned expansion. It has already contracted a Software
development Company to set up a computer-based financial information system. However, they
are worried about employees’ likely dysfunctional behavior, low motivation and restance to the
new system.

Required:
a) Advise the management of Mineli (K) Ltd and the project team on how to overcome such
challenge. (8 marks)
b) Discuss the system capabilities that the new system for Mineli (K) Lt should have.
(12 marks)

QUESTION 2
a) Discuss the major characteristics of an advanced computer-based financial information
system. Use appropriate example to illustrate your answers. (12 marks)
b) Distinguish between periodic processing approach and immediate processing approach
and explain the advantages of each approach. ( 8 marks)

SECTION B

QUESTION 3
Discuss the steps that should be followed in developing a new financial information system for
a large and busy business organization. (15 marks)

QUESTION 4
Discuss the challenges of e-finance technologies and how such challenges can be overcome.
(15 marks)

QUESTION 5
Discuss the positive and negative effects of advancements in Information communication
technology (ICT) on the financial service sector especially the banking industry. (15 marks)

Acct: 325/Fnce 325: Accounting Information System/E-Finance Question Paper

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