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All Textbook Solutions for Pkg Acc Infor Systems MS VISIO CD
Describe this textbooks three themes.2RQA system must have organization, interrelationships, integration, and central objectives. Why must each of these four components be present in a system?4RQ5RQ6RQWhy is the information system important to the organization?8RQ9RQ10RQ11RQRefer to Figure 1.9. Characterize the horizontal information flows and the vertical information flows.13RQ14RQ15RQ1DQ2DQ3DQ4DQWhy must you have knowledge of a systems objectives to study that system?6DQ7DQ8DQ9DQ10DQBetween relevance and reliability, which information quality is most important? Support your answer with examples.12DQ13DQ1SP2SPIn his first address as Chairman of the Board of the American Institute of Certified Public Accountants (AICPA), Robert K. Elliott said: Knowledge leveraging will shape a wide range of CPA services. CPAs will be able to identify relevant information and its sources, perform modeling, devise and apply performance measures of all kinds, design systems to obtain needed information, advise on controls and security, and otherwise ensure relevance and reliability. CPAs will identify and deploy knowledge needed for strategic planning and investments, for marketing decisions, for monitoring internal and external conditions, for conducting daily operations, for maximizing the productivity of employee behavior, and for measuring the effectiveness of operations, personnel and processes. All this and more.17 Write a paper (your professor will tell you how long the paper should be) to discuss ways in which this chapter agrees with this quote. Discuss any disagreements. Do you think that the CPA should be performing these services? Why or why not?2PConduct research on the implementation of Section 404 of the Sarbanes-Oxley Act of 2002. Write a paper (your professor will tell you how long the paper should be) to discuss how accountants within an organization are involved in helping their organizations comply with this section. Also describe how accountants in public accounting and consulting are affected by this section of SOX.4P5P6P7P8PIdentify the skills required to be a forensic accountant. How does the knowledge of technology and AIS help enable or augment those skills?1RQDescribe the key features/characteristics of an enterprise resource planning (ERP) system.3RQDescribe the methods used to integrate ERP systems with third-party modules, back-end or legacy systems, the Web, and business partners.5RQWhat is the relationship of the organizational value chain and an enterprise system?7RQ8RQ9RQ10RQDescribe the six steps in the order-to-cash process.12RQ13RQHow does an enterprise system support the purchase-to-pay process?List the advantages and disadvantages of an enterprise system.1DQ2DQPeriodically, you will read in the news about one company in the ERP industry acquiring another company in that industry. Discuss the pros and cons of the consolidation of the ERP software industry.Describe how an enterprise system can assist an organization in optimizing its value system.Consider a business process that you have experienced at work, as a customer, or as a student. Examples might include any process in a work setting, such as payroll and purchasing, or any process with which you have interacted, such as ordering from a Web site, obtaining a loan, eating at a restaurant, or registering for classes at your college or university. Describe the degree to which the steps in the process are integrated. What is or was the impact of that integration on you and on the organization?6DQ7DQ8DQDescribe the primary and supporting activities involved in an organizations value chain. Explain the importance of having an effective value chain.1SP2SP3SP4SPConduct research on the Web sites of either CIO Magazine or CFO Magazine (or another that your instructor suggests) for stories about ERP implementation successes and failures. Using specific examples, describe the reasons for the successes and failures. What conclusions can be reached?Conduct research on an ERP package, such as Microsoft Dynamics GP or Microsoft Dynamics NAV, for small to medium-sized (SME) organizations (between 30 million and 1 billion in revenues). Compare that package to the SAP system in terms of available modules, functionality, and so on.4P5P6P7PDefine E-business.2RQDescribe the activities associated with a manual accounting process.Describe the stages of an automated accounting process.5RQExplain the relationship between the periodic mode and batch processing.7RQ8RQ9RQ10RQ11RQ12RQ13RQExplain the advantages of using electronic document management (EDM) rather than traditional paper-based document systems.15RQWhat is the main advantage of using EDI to capture and process business events?17RQ18RQ19RQHow does Internet commerce simplify the world of E-business?What role do network providers play in the Internet commerce environment?22RQ23RQ24RQThe business environment is increasingly demanding the use of OLRT systems for more up-to-date information. Identify one business process and the environment in which it would be used as an example of why immediate mode processing is so critical. Be prepared to explain your answer to the class.2DQConsider your favorite fast food chain restaurant. How do you think this restaurant might use OLTE to improve its business event data processing activities? Explain.4DQ5DQWhy is it important to have standards, such as X12 and EDIFACT, when conducting EDI transactions and other forms of E-business? Is there a downside to using standards?7DQ8DQWhy has the Internet caused such an explosion in e-business when EDI has been available for decades?10DQ11DQ1SP2SPE-business has allowed companies to reduce inventory while simultaneously offering a wide variety of items. Amazon.com is an example of such a company. Identify another organization that has expanded or improved (or could potentially expand or improve) by developing its value chain. Provide examples and explain your reasoning.4SP5SP1P2P3P4P5PExplain how EDM could be used in your AIS class to eliminate all paper flow between the students and professor. Include in your explanation what technologies would be necessary to facilitate your plan. (Your professor will direct you regarding how long the paper should be.)Using the Internet, find and describe an Internet market exchange or Internet auction market. Your discussion should include the products and services available and the type of buyers and sellers you expect to participate. If you choose a private market, also identify the owner or sponsor of the exchange and the requirements for participation.8P9PUsing the four methods of conducting E-business (e-mail, EDM, EDI, and Internet commerce), select a business of your choice and describe how each method is currently integrated into their business or how each method could he incorporated into their business in the future.11P1RQ2RQDescribe each symbol used in constructing DFDs.4RQ5RQ6RQWhat is a logical DFD?8RQWhen is a set of DFDs balanced (i.e., leveled)?10RQ11RQ12RQ13RQ14RQ15RQ16RQHow will systems documentation differ between business processes that employ an enterprise system and those that do not?1DQ2DQDescribe the who, what, where, and how of the following scenario: A customer gives his purchase to a sales clerk, who enters the sale in a cash register and puts the money in the register drawer. At the end of the day, the sales clerk gives the cash and the register tape to the cashier.Why are many correct logical DFD solutions possible? Why is only one correct physical DFD solution possible?6DQ7DQ8DQ9DQ10DQ1SP2SP3SP4SP5SP1PPrepare a narrative to describe the system depicted in the logical DFD in Figure 4.16. FIGURE 4.16 Logical DFD for Problem 4-2Prepare a narrative to describe the system depicted in the flowchart in Figure 4.17 (pg. 137). FIGURE 4.17 Flowchart for Problem 4-3Good Buy, Inc. (good-buy.com) Good Buy, Inc. (a fictitious company) sells a variety of consumer products through its Web site, good-buy.com. Good Buys IT infrastructure consists of a front-end Web server that interacts with customers and a back-end ERP system that manages the inventory and performs other typical ERP functions. The sales order process begins when a customer logs on to the good-buy.com Web site. The Web server requests the current Good Buy online catalog from the ERP system, which sends the catalog to the Web server, and the server displays it to the customer. The customer selects the items and quantities that he wants to purchase; the Web server edits the customer input for accuracy (e.g., ensures that all required fields have been selected or filled in) and sends this list on to the ERP system, where the requested quantities of inventory are allocated for the sale. The ERP sends back to the Web server the quantities that have been allocated, and the Web server displays this information on the customers screen. The customer verifies that the order is correct and completes the sale by entering his shipping and credit card information. The Web server edits this data for accuracy (e.g., ensures that all required fields have been selected or filled in and that the length of the entered credit card number is correct) and sends the credit card information and amount of the sale on to the credit card company. The credit card company sends back a verification number, and the Web server notifies the customer that the sale has been completed by displaying a confirmation number on the customers screen. The Web server also notifies the ERP system that the sale has been completed, and the ERP system changes the status of the inventory from allocated to sold, prints a picking ticket or packing slip in the warehouse, and records (on the enterprise database) a sale and an account receivable from the credit card company. a. Prepare a table of entities and activities for Good Buy, Inc. or CentralRisk Insurance Company. b. Construct a context diagram based on the table you prepared in part (a). Use Microsoft Visio or other diagraming software.5PGood Buy, Inc. (good-buy.com) Good Buy, Inc. (a fictitious company) sells a variety of consumer products through its Web site, good-buy.com. Good Buys IT infrastructure consists of a front-end Web server that interacts with customers and a back-end ERP system that manages the inventory and performs other typical ERP functions. The sales order process begins when a customer logs on to the good-buy.com Web site. The Web server requests the current Good Buy online catalog from the ERP system, which sends the catalog to the Web server, and the server displays it to the customer. The customer selects the items and quantities that he wants to purchase; the Web server edits the customer input for accuracy (e.g., ensures that all required fields have been selected or filled in) and sends this list on to the ERP system, where the requested quantities of inventory are allocated for the sale. The ERP sends back to the Web server the quantities that have been allocated, and the Web server displays this information on the customers screen. The customer verifies that the order is correct and completes the sale by entering his shipping and credit card information. The Web server edits this data for accuracy (e.g., ensures that all required fields have been selected or filled in and that the length of the entered credit card number is correct) and sends the credit card information and amount of the sale on to the credit card company. The credit card company sends back a verification number, and the Web server notifies the customer that the sale has been completed by displaying a confirmation number on the customers screen. The Web server also notifies the ERP system that the sale has been completed, and the ERP system changes the status of the inventory from allocated to sold, prints a picking ticket or packing slip in the warehouse, and records (on the enterprise database) a sale and an account receivable from the credit card company. a. Prepare an annotated table of entities and activities based on the output from Problems 4-4 and 4-5. Indicate on this table the groupings, bubble numbers, and bubble titles to be used in preparing a level 0 logical DFD. b. Prepare a logical DFD (level 0 only) based on the table you prepared in part (a). Use Microsoft Visio or other diagraming software.7P1RQ2RQ3RQWhat are the most important limitations of the applications approach to business information system design?5RQ6RQ7RQ8RQ9RQ10RQ11RQ12RQ13RQWhat is a partial dependency?15RQ16RQ17RQWhat factors distinguish DSS from EIS?Describe the basic differences between ES and NN.What role do intelligent agents play in the operation of a decision-support system?Why have knowledge management systems become so important to businesses in recent years?22RQ23RQ1DQHow has the technological availability and implementation of DBMSs benefited decision makers in organizations?3DQ4DQWhat are the differences between a logical view and a physical view of a database? Which would be more important for accountants who are involved in the design of a database that will store business event information?6DQ7DQ8DQ9DQ10DQ11DQ12DQ1SP2SP12PUse the Internet to research knowledge management systems. Specifically, (1) find one example of a knowledge management system, (2) identify the provider or vendor, (3) provide the Web site URL, and (4) list the features of the system found that help an organization manage its knowledge. Write up your findings. The number of pages will be indicated by your instructor.What is business intelligence (BI)?2RQ3RQ4RQWhat is a relationship?6RQ7RQ8RQHow can an REA model help an organization improve the level of data integration it achieves across multiple business processes?10RQ11RQ12RQWhat is a foreign key? How are foreign keys related to primary keys?14RQ15RQ16RQ17RQ1DQWhat is a model? How is modeling a database or information system useful and important from a business or accounting perspective?3DQ4DQ5DQ6DQAlthough todays enterprise systems incorporate many of the REA concepts, many organizations continue to use legacy systems. Why do you believe this is true? (Although the obvious answer is in the chapter, you may want to look to other sources to support your answer.)8DQ1SP2SPExamine Figure 6.18, which contains the REA model for Hera Industrial Supply (HIS). The model is partially completed; it includes all entities and relationships, but it does not include cardinalities or descriptions of the relationships (which would appear in diamonds on the connecting lines between entities). HIS sells replacement parts for packaging machinery to companies in several states. HIS accepts orders via telephone, fax, and mail. When an order arrives, one of the salespersons enters it as a sales order. The sales order includes the customers name and a list of the inventory items that the customer wants to purchase. This inventory list includes the quantity of each inventory item and the price at which HIS is currently selling the item. When the order is ready to ship, WIS completes an invoice and records the sale. Sometimes, inventory items that a customer has ordered are not in stock. In those cases, HIS will ship partial orders. Customers are expected to pay their invoices within 30 days. Most customers do pay on time; however, some customers make partial payments over two or more months. List each entity in the REA model, and identify it as a resource, event, or agent. Using Microsoft Visio, redraw the REA model to include the diamonds for each relationship and include an appropriate description in each diamond. FIGURE 6.18 Partially Completed REA Model of the Hera Industrial Supply Sales Business6SP7SP2PDescribe organizational governance.2RQDescribe the eight elements of ERM.Describe and compare risks and opportunities.5RQ6RQ7RQWhat is COSO?9RQ10RQ11RQ12RQ13RQ14RQ15RQ16RQ17RQ18RQ19RQ1DQ2DQ3DQProvide five examples of potential conflict between the control goals of ensuring effectiveness of operations and of ensuring efficient employment of resources.5DQ6DQ7DQ8DQ9DQ1SP2SP3SP4SP1P2P3P4P6PWhat are the four major categories of pervasive controls? Why would the PCAOB refer to these controls as entity-level?What are the differences among a pervasive control plan, a business process control plan, an application control plan, and an IT control process?3RQDescribe some compensating controls that can be used to reduce exposures when it is not possible to properly segregate duties in a small organization.What are policy controls plans? How do policies differ from laws?Why should an organization conduct monitoring activities? Who should conduct monitoring activities? What are the two major steps in monitoring?8RQ14RQWhat are the major elements of the strategic IT plan?16RQ17RQ18RQWhat are the four stages through which a program should move as it is being developed? Who should have responsibility for each of those phases?What steps are commonly included in a business continuity planning methodology?21RQ22RQ23RQ24RQ25RQ26RQ27RQ28RQ30RQ31RQ32RQ33RQ1DQ2DQNo matter how sophisticated a system of internal control is, its success ultimately requires that you place your trust in certain key personnel. Do you agree? Discuss fully.4DQ5DQ