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

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

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2009

Instructions
1. Answer all questions in section A and one question in section B
2. Give precise and concise answers.
3. Marks are shown at the end of the question.Page 2 of Page 2
SECTION A
QUESTION ONE
(a) Define E- finance and explain why it is gaining popularity in many business
organizations. (5mks)
(b) Discuss the impact of Electronic finance on financial sector in Kenya.
(10mks)
(c) Explain the challenges facing organizations that have embraced E-finance technologies
in Kenya. (10mks)
(Total: 20 marks)
QUESTION TWO
Kericho (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 two years.
(a) Explain to the management of the institution the main steps to be followed in the
process of developing the new system for the institution. (10mks)
(b) Explain the measures Kericho (K) ltd should put in place to protect their system.
(10mks)
(Total: 20 marks)
SECTION B
QUESTION THREE
Discuss the features of advanced computer based financial systems. (20mks)
QUESTION FOUR
(a) Discuss the qualities most new system being developed should have.
(10mks)
(b) Explain the principles followed when designing a new system. (10mks)
(Total 20 marks)

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

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