account 494911

Sample Exam Questions NOTE: THE STYLE OF QUESTIONS APEARING IN YOUR EXAMINATION WILL BE SIMILAR TO THOSE GIVEN BELOW. THIS, HOWEVER, DOES NOT IMPLY THAT THESE QUESTIONS ARE IN THE EXAMINATION. 1. Introduction to AIS 1.1 Define a management information system. (2) 1.2 Do you agree with the statement “Not every company needs an AIS system.”? Please explain. (2) 1.3 Why is it important for accounting students to gain knowledge about Accounting Information Systems? (2) 2. Enterprise Systems, Transaction Processing and Systems Documentation 2.1 Define enterprise resource planning (ERP) systems and give two examples of common ERP add-on modules. (3) 2.2 Describe five advantages of an enterprise system. (2.5) i. ii. iii. iv. v. 2.3 Lexington Company sells a broad range of fashion products to end users. The company is considering taking customer’s orders on their Web site. (6) What information should Lexington collect from the customer during this process? What information would need to come from Lexington’s system to complete the order? 3. System Documentation 3.1 Why should you develop both logical and physical DFDs for systems? What is the advantage of drawing a logical DFD before a physical DFD for a new information system? (4) 3.2 EspressoCoffee customers place an online order. EspressoCoffee processes the customer order by sending a request to the credit card company to verify the customer’s good credit standing. The items are verified for availability. The shipment is processed and sent to the warehouse. An invoice is generated from the sales information and emailed to the customers. The corresponding database tables are updated. Draw the related logical level 0 DFD. (8) 4. General Ledger and Reporting System 4.1 “Defining the codes for a chart of accounts is no big deal –nothing is permanent –I can change it at any time in the future.” Why do you agree (or disagree) with this statement? (3) 4.2 Explain the functions of the general ledger…