Acct / Fnce 325: Accounting And Finance Question Paper
Acct / Fnce 325: Accounting And Finance
Course:Bachelor Of Commerce
Institution: Kabarak University question papers
Exam Year:2011
KABARAK UNIVERSITY
UNIVERSITY EXAMINATIONS
2010/2011 ACADEMIC YEAR
FOR THE DEGREE OF BACHELOR OF COMMERCE
COURSE CODE: ACCT / FNCE 325
COURSE TITLE: ACCOUNTING AND FINANCE
STREAM: Y3S2
DAY: TUESDAY
TIME: 2.00 – 4.00 P.M
DATE: 14/12/2010
INSTRUCTIONS:
1. Answer question one and any other two questions
2. Marks are shown at the end of the question
3. Use practical examples to illustrate your answers
4. Give precise and concise answers
5. Do not write on this question paper during the exam session
PLEASE TURNOVER
Page 2 of 2
QUESTION ONE
(a) What is an accounting System? (3 marks)
(b) Explain the main functions of an accounting information system (12 marks)
(c) Discuss the features of an advanced computer-based accounting system
(15 marks)
(Total: 30 marks)
QUESTION TWO
(a) Kabarak University intends to have anew and modern accounting information
system in order to be efficient in processing of financial information. They have
approached you to help them carry out systems analysis so as to determine the
best options available. Discuss any four techniques you will use in carrying out
systems analysis and show the shortcomings of each of the techniques.
(12 marks)
(b) Explain 8 qualities that the new system of Kabarak University should have.
(8 marks)
(Total: 20 marks)
QUESTION THREE
(a) Discuss the factors that led to the growth of electronic finance in Kenya (9 marks)
(b) Explain the challenges of electronic banking to the Kenyan banks. (6 marks)
(c) Why are many account holders in Kenya not embracing electronic banking?
(5 marks)
(Total: 20 marks)
QUESTION FOUR
Discuss any two recent developments in communication technology and explain
the impact of each of them on the work of accountants in Kenya.
(Total: 20 marks)
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