Discuss how the elements of efficiency, effectiveness, and flexibility are crucial to the design of an information system?

Q: Distinguish between turnkey and backbone systems. Which is more flexible?

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Q: what type of information should be included in the systems analysis report?

A: System analysis is the examination of the business problem that organizations plan to solve with an…

Q: Discuss and give examples on tje 3 fundamental information system objectives

A: Accounting Information System: The system which helps to gather, store and process the accounting…

Q: Explain how an IT environment affects the segregation of functions.

A: Segregation of Duties (SoD) is a set of controls and policies intended to ensure accuracy and keep…

Q: Explain how an IT environment affects access control.

A: Information technology plays the pivotal role in the survival and success of any entity in modern…

Q: What does the process of providing this information to external users is called? Describe about it…

A: Financial Reporting System:   It refers to monitoring the financial resources of an organization as…

Q: how to relate cloud accounting with cost management?

A: Cloud Accounting Cloud Accounting software is similar to traditional, on premises or self installed…

Q: Define software development costs.

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Q: Briefly explain the major components of AIS

A: SOLUTION- ACCOUNTING INFORMATION SYSTEM (AIS) IS A WAY OF TRACKING ALL ACCOUNTING AND BUSINESS…

Q: Describe about the Enterprise Resource Planning. What are its objectives?

A: Enterprise Resource Planning:   It refers to a framework within an organization where the management…

Q: What is an enterprise system?

A: Introduction:- An enterprise system, also known as an enterprise resource planning. It handles…

Q: Explain how an IT environment affects independent verification.

A: Bookkeeping articulations, particularly in enormous and complex associations, can contain unexpected…

Q: The article emphasises that information technology is any technology that enables humans to create,…

A: Its use of computers, memory, networking, and other physical devices, infrastructures, and processes…

Q: What is activity based management? Why is it important? taking example

A: Activity based management:Activity based management is the process of applying activity-based costs…

Q: What are the different tools in AI? Brief discuss each one and what it does.

A: Artificial Intelligence(AI) is the method of simulating the human intelligence in machines. These…

Q: What is a semantic data model?

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Q: Discuss the rules for linking events to resources and agents in an REA diagram.

A: REA Diagram: REA diagram is a technique which is used to establish the relationship between…

Q: grity of information. policies, plans, procedures, law ssets. efficiency of onerations

A: Segregation of duties is an internal control measure. It refers to the division of duties among more…

Q: Explain the issues of size, speed, workload, and transaction as they relate to scalability

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Q: Please differentiate between centralized and decentralized operations.

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Q: can facilitate the generation and implementation of new and useful ideas' . Discuss.

A: Organizational structure refers to how individual and team work within an organization are…

Q: discuss the difference between internal and external users of information and their needs and…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Q: Explain Management’s discussion and analysis.

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Q: Discuss how technology based information systems affect accounting

A: Accounting:-It is a record of financial data in a sorting, summarizing, and in a presentation format…

Q: describe the connection between the management process planning, feedback, controlling? take an…

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Q: IT project management is supported by a variety of tools and technologies.

A: The process of developing and administering an information technology development plan in order to…

Q: Explain the concept of active management.

A: Explain the concept of active management.  There are two type of management for stock management One…

Q: What are the major inputs to the MRP system?

A: The preparation of material requirements planning (MRP) is a method for measuring the materials and…

Q: What are some of the key documents that may be reviewed in a current systems survey?

A: Current System Survey:   Current system survey is conducted to discover the root cause of reported…

Q: What is an enterprise resource planning (ERP) system? What are the advantages and disadvantages of…

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Q: Define a management control system and identify the issues involved with the design of a successful…

A: Management:   It is a set of activities likes planning, organizing, controlling the human resources…

Q: What is a management control system?

A: Management control system:

Q: Can services be delivered by means of process operations? Support your answer with an example.

A: Process Costing: Process costing is a method of cost accounting in which all the costs that are…

Q: What does stewardship mean and what is its role in an information system?

A: Definition: Accounting information system: The system which helps to gather, store, and process the…

Q: Explain how Naics Works?

A: OMB created NAICS as a standard for Federal statistical agencies to use in identifying businesses…

Q: Why Accountants should be involved in the detailed design and implementation of the system…

A: System Development Life Cycle:   The system development life cycle is a set of series or systematic…

Q: Explain how the formalization of tasks promotes internal control.

A: Internal Control: Internal control involves the norms and standards followed by a company to…

Q: Discuss both internal and external factors affecting the ITP systems.

A: Internal Factors:1)Internal Social EnvironmentProblems with transfer pricing exist only inside a…

Q: Discuss management responsibilities.

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