Explain 8 negative impacts of implementing software-based Accounting Information System (AIS) solution in a company that sell medical equipment and have manual processes for the sale, procurement, store and delivery department.
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Explain 8 negative impacts of implementing software-based Accounting Information System (
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- 8. ______________ is a professional service with an aim of improving the quality and transparency of information, to reduce the chance of problems occurring from incorrect information. a. Agency b. Accounting c. Assurance d. Costing1. In a manual accounting system, what advantage does the journal voucher system have over the traditional general journal system? 2. Discuss how the nature of the necessary internal control features is affected by switching from a manual system to (1) a large-scale computer-based accounting system or (2) a PC-based accounting system. 3. Under what circumstances will automated mailroom procedures provide the most benefit? The least benefit?1. A clerk in the sales department receives a hard-copy customer order by mail and manually prepares four hard copies of a sales order. This is a typical event in the Group of answer choices b. Expenditure cycle d. Costing cycle a. Revenue cycle c. Conversion cycle 2. Which of these is not a true statement relating to manual and electronic accounting systems? Group of answer choices a. Large businesses integrate their accounting software with their overall computerised information system. b. The accounting principles underlying manual and electronic systems are fundamentally different. c. Computerised systems normally provide more reports, providing greater information to users, than manual systems. d. Most entities today use computerised accounting systems. 3. All of the following are advantages of using subsidiary ledgers, except Group of answer choices a. they make possible a division of labour b. they show all the transactions affecting customers and creditors.…
- 1. A new systems development project is being planned for Reindeer Christmas Supplies Company. The invoicing, cash receipts, and accounts payable modules are all going to be updated. The controller, Kris K. Ringle, is a little anxious about this project. The last systems development project that affected his department was not very successful, and the employees in the accounting department did not accept the new system very well at first. He feels that the systems personnel did not interact sufficiently with the users of the systems in the accounting department. Prepare a memo from Ringle to the head of the information systems department, Sandy Klaus. In this memo, provide some suggestions for including the accounting personnel in the systems development project. Give persuasive arguments as to why prototyping would be helpful to the workers in the accounting department.Enter the letter of each system principle in the blank next to its best description. A. Control principle C. Compatibility principle E. Cost-benefit principle B. Relevance principle D. Flexibility principle 1. The accounting information system helps monitor activities. 2. The accounting information system conforms to the company’s business activities. 3. The accounting information system changes in response to technological advances and competitive pressures. 4. Affects all other accounting information system principles. 5. The accounting information system provides timely information for effective decision making.Classify each of the cost items as one of the business functions of the value chain in “Payment of booth registration fee at a medical conference to promote new products to physicians.”
- 1(a) How can a Finance and Accounting department that currently uses a manual system be computerised. 1(b) Discuss the effect of the PESTLE Analysis from the Finance and Accounting Manager perspective. Suggest ONE factor from three of the six external influences (PESTLE) that may be upsetting the Human Resource Management process(es) and ONE factor from three of the six external influences (PESTLE) that may interrupt customers’ experiences.After completing your first degree in accounting you have been employed by XYZ Company as an account officer. The Management of the company has tasked you to implement a computerized accounting system Explain the difference between a stand-alone package and an integrated package? Explain two advantaged and two disadvantages of an integrated package e) Before a new accounting package can be deployed, it needs to be configured. What does it mean to configure an accounting package? Explain the processes involved in the configuration of an accounting package.Accounting Information Systems | 11th Edition Chapter 7, Problem 3P Following is a list of eight generic control goals from the chapter, followed by eight descriptions of either process failures (i.e., control goals not met) or instances of successful control plans (i.e., plans that helped to achieve control goals). List the numbers 1 through 8 on a solution sheet. Each number represents one of the described situations. Next to each number: Place the capital letter of the control goal that best matches the situation described. Provide a one- or two-sentence explanation of how the situation relates to the control goal you selected. If you select more than one control goal for a situation, provide an explanation for each that you select. Hint: Some letters may be used more than once. Conversely, some letters may not apply at all. Control Goals Ensure effectiveness of operations Ensure efficient employment of resources Ensure security of resources Ensure input validity…
- An example of a customer-value-added activity is: Select one: a. addition of an employee hotline for workplace complaints b. shortening the customers' billing cycle. c. final painting and polishing of the product d. maintenance of an adequate safety stock e. installation of a computerized human resource management moduleCOMMUNICATIONS Before the mid-1970s, systems programmers and businesspeople (including accountants) did not communicate well with one another. The programmers were critized for using too much jargon, and the businesspeople were criticized for not adequately expressing their needs. Efforts have been made to overcome this communication gap, but room for impprovement still exixts. What problems do you think may result from this communication gap? What can you do to help further close the gap when you enter the workforce?Which of the following is NOT an example of application control?* a. Pre-filled forms are already sent to users to minimize input errors b. After processing, the daily sales summary are reconciled with the individual sales invoices processed c. Reasonableness tests on acceptable working hours are embedded in the payroll software d. An equipment failure causes an error message on the monitor