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Fnce/Acct 325 Question Paper

Fnce/Acct 325

Course:Bachelor Of Commerce

Institution: Kabarak University question papers

Exam Year:2010

FOR THE DEGREE OF BARCHEOR OF COMMERCE
COURSE CODE: FNCE/ACCT : 325
COURSE TITLE: ACCOUNTING INFORMATION
SYSTEM/E-FINANCE
STREAM: Y3S2

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 motivations and residence to
the new system.

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

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

SECTION B

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

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

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 mks)

Fnce/Acct 325 Question Paper

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