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

Acct/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/FNCE 325
COURSE TITLE: ACCOUNTING INFORMATION SYSTEM/E-FINANCE

STREAM: Y3S2
DAY: WEDNESDAY
TIME: 3.00 – 5.00P.M.
DATE: 11/08/2010

INSTRUCTIONS

1. Answer all questions in section A and two questions in section B
2. Give precise and concise answers
3. Marks are shown at the end of the question

QUESTION ONE

Nairobi (K) Limited is a medium size Micro finance institution with several branches in
Kenya. It wishes to develop a new finance system to be used for at least the next ten years.

a) Explain to the Management of the Institution the steps that are followed in the process
of developing a new system and show the importance of each of the steps. (12marks)

b) Explain the measures Nairobi (K) ltd should put in place to protect their system.
(8marks)
QUESTION TWO
a) Define E-finance and explain why is gaining popularity in many business institutions
in Kenya (4marks)

b) Discuss the impact of Electronic finance on the financial sector in Kenya. (8marks)

c) Explain the challenges facing institutions that have embraced e-finance technologies
in Kenya. (8marks)

SECTION B
QUESTION THREE
Discuss the features of advanced computer based finance system. Use simple but practical
examples to support your answers. (15marks)

QUESTION FOUR
Discuss the qualities of a good accounting/financial information system. (15marks)

QUESTION FIVE
Discuss the benefits and threats of advancements in communications technology on the
accounting systems. (15marks)

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

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