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Accounting Information System/E-Finance Question Paper

Accounting Information System/E-Finance

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2010

INSTRUCTIONS
1. Answer all questions in section A and two questions in Section B.
2. Answers should be very precise and concise
3. Marks are shown at the end of the question.

SECTION A

QUESTION ONE

a) Discuss the difference between advanced computerized financial systems and non computer
based financial systems. Use appropriate practical examples to illustrate your answer.
(14 marks)

b) Explain why many businesses in Kenya do not use advanced computer based systems.
(6 marks)

(Total: 20 marks)

QUESTION TWO

a) Explain the main functions of a financial information system in a large company.
(8 marks)

b) Discuss modern control techniques in financial systems and explain their significance in
ensuring security of data.
(12 marks)
(Total: 20 Marks)

SECTION B

QUESTION THREE

There have been major advancements in the area of information and communication technology
(ICT) in the recent past. Discuss the opportunities presented and threats posed by these
advancement in ICT to finance professionals.
(15 marks)

QUESTION FOUR

Discuss the major challenges of new finance services such as M-PESA and Electronic money
transfers.
Use practical examples to illustrate you answer.
(I5 marks)

QUESTION FIVE
Explain the major principles that should be followed (observed) when designing a modern
financial system. (15 marks)

Accounting Information System/E-Finance Question Paper

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