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Bbit 437:Accounting Information Systems Question Paper

Bbit 437:Accounting Information Systems

Course:Accounting Information Systems

Institution: Kenya Methodist University question papers

Exam Year:2014

KENYA METHODIST UNIVERSITY

END OF 1''ST ''TRIMESTER 2014 (EVENING) EXAMINATION
FACULTY : COMPUTING & INFORMATICS
DEPARTMENT : COMPUTER SCIENCE AND BUSINESS
INFORMATION
UNIT CODE : BBIT 437
UNIT TITLE : ACCOUNTING INFORMATION
TIME : 2 HOURS

Instructions: Answer question one and any other two questions.

Question One

(i) Identify the types of accounting transactions practiced by a firm. (5mks)

ii) Denote the accounting cycle for one type of transaction identified above. (5mks)

How does an AIS add value to an organization value chain system. (5mks)

Explain the tests that are used to validate data input in a computer based accounting information system(5mks)

What is the scope of internal audit standards proposed by the institute of internal auditors. (5mks)

Explain any five objectives of a feasibility study.

(5mks)

Question Two

With appropriate examples distinguish between fraud lapping and fraud kitting, while pointing out the rationalization that perpetrators use to justify their illegal behavior. (8mks)

What are the control objectives in the general ledger and reporting system? (6mks)

Explain the tasks which are facilitated by the audit trail in the accounting system. (6mks)

Question Three

Discuss the steps for designing and implementing a database in an accounting system. (12mks)

Define an entity and explain how entities are categorized in an accounting system. (8mks)

Question four

Describe a turnkey system and give four advantages of a turnkey system. (6mks)

Discuss the obstacles that a manufacturing organization may face in an attempt to reengineer its accounting system.

(10mks)

Describe how accountants can be involved in product design. (4mks)

Bbit 437:Accounting Information Systems Question Paper

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