Accounting Information Systems AIN1501
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Questions and Answers

What is the role of information technology in organizations?

  • To reduce the need for physical paperwork
  • To create communication barriers between departments
  • To assist with the management of information (correct)
  • To entertain employees during breaks
  • Which analogy is used to describe an organization without an information system strategy?

  • A ship anchored in a harbor
  • A bicycle in a crowded city
  • A train on a fixed track
  • A rowing boat adrift on a big ocean (correct)
  • What is one of the key benefits of having an information system strategy?

  • Better utilization of capital and resources (correct)
  • Minimal involvement of stakeholders
  • Increased competition among employees
  • Reduced need for technological updates
  • Which of the following is NOT a characteristic of information in the business environment?

    <p>Obsolete</p> Signup and view all the answers

    What will the next study unit elaborate on after discussing the information system department?

    <p>The components of a computerised information system</p> Signup and view all the answers

    What is the primary focus of Part 1 of the AIN1501 module?

    <p>Nature of information systems</p> Signup and view all the answers

    Which topic discusses the controls within a computerized environment?

    <p>Controls in a computerized environment</p> Signup and view all the answers

    What topics are covered in Part 2 of the AIN1501 module?

    <p>Information technology and computer networks</p> Signup and view all the answers

    Which part of the module focuses on threats in a computerized environment?

    <p>Part 3</p> Signup and view all the answers

    What aspect of information systems does Topic 6 cover?

    <p>Privacy and ethics</p> Signup and view all the answers

    What is the main resource for the AIN1501 module?

    <p>The study guide ± AIN1501</p> Signup and view all the answers

    Which topic covers the application of information systems in commerce?

    <p>Application of information systems</p> Signup and view all the answers

    Which part includes the discussion on the system development process?

    <p>Part 4</p> Signup and view all the answers

    What is a recommended study method for preparing for the module?

    <p>Working through each topic systematically</p> Signup and view all the answers

    Which action is suggested for evaluating your understanding continuously?

    <p>Completing self-assessment activities</p> Signup and view all the answers

    What should be done while answering exam questions?

    <p>Following the examiner's instructions carefully</p> Signup and view all the answers

    How should answers be presented to satisfy the examiner?

    <p>In a neat answer book</p> Signup and view all the answers

    What is a key benefit of the modules AIN1501 and AIN2601?

    <p>They integrate computer technology with accounting practices</p> Signup and view all the answers

    What does the study guide suggest about attempting assignments?

    <p>Under exam conditions to simulate the real scenario</p> Signup and view all the answers

    What is emphasized regarding the answer planning during exams?

    <p>To be aware of the time allocated for each question</p> Signup and view all the answers

    What is the primary role of accountants in relation to information systems?

    <p>To understand business activities and information needs</p> Signup and view all the answers

    What is a crucial requirement for admission to the examination?

    <p>Submitting a compulsory assignment</p> Signup and view all the answers

    What is suggested to enhance the likelihood of passing examinations?

    <p>Completing assignments diligently</p> Signup and view all the answers

    How many hours are suggested for completing the course material successfully?

    <p>120 hours</p> Signup and view all the answers

    What is an effective strategy for managing study time according to the guidelines?

    <p>Working systematically through the study guide</p> Signup and view all the answers

    What should students allow themselves enough time to do besides reading?

    <p>Reflecting on issues and principles</p> Signup and view all the answers

    What is one of the critical success factors emphasized in the study guide design?

    <p>Mastering knowledge, skills, and values</p> Signup and view all the answers

    Why is it important to submit as many assignments as possible?

    <p>They are integral to studies and can affect your year mark</p> Signup and view all the answers

    What mindset is encouraged to help students succeed in their studies?

    <p>Believing in themselves</p> Signup and view all the answers

    What is an information strategy primarily concerned with?

    <p>Using and managing information effectively</p> Signup and view all the answers

    How can an information system become a liability for an organisation?

    <p>By being treated only as an asset without oversight</p> Signup and view all the answers

    Which of the following best describes information technology?

    <p>Processing data using electronic systems and software</p> Signup and view all the answers

    What is a critical component of developing an information strategy?

    <p>Deciding how to utilize available information</p> Signup and view all the answers

    What role do information systems play in organizations?

    <p>They are assets when managed properly</p> Signup and view all the answers

    What is the primary purpose of an information strategy?

    <p>To plan how to use and enhance information management</p> Signup and view all the answers

    Which of the following is NOT an element of information strategy?

    <p>Physical asset distribution</p> Signup and view all the answers

    What determines the effectiveness of an information system?

    <p>Proper management and strategic planning</p> Signup and view all the answers

    What is a major benefit of timely information on customer needs for management?

    <p>Enables management to plan improvements and new products ahead of competitors</p> Signup and view all the answers

    Why are computerized information systems essential for organizations?

    <p>They process information more accurately and faster</p> Signup and view all the answers

    What is one of the key roles of information systems in organizations?

    <p>To support day-to-day decisions and achieve goals</p> Signup and view all the answers

    How does current product information assist management in planning?

    <p>It aids in planning new products that satisfy customer needs</p> Signup and view all the answers

    What is a significant aspect of the effectiveness of information systems in organizations?

    <p>Understanding information systems is essential for daily tasks</p> Signup and view all the answers

    In what way does obtaining information ahead of competitors benefit an organization?

    <p>It can help the organization become a market leader</p> Signup and view all the answers

    What defines an accounting information system?

    <p>It's essential for collecting financial transaction data and reporting</p> Signup and view all the answers

    What does effective management of information systems enable organizations to do?

    <p>Enhance strategic planning and operational efficiency</p> Signup and view all the answers

    Study Notes

    Accounting Information Systems in a Computer Environment (AIN1501)

    • This is a study guide for AIN1501
    • Authors: Mr NJ Booyse, Ms C Leonard, Mr DPJ Scott, Ms GM Viviers
    • Contributor: Mrs A Mc Gee
    • Curriculum and learning development: Ms M Madiope, Ms GNW Moleko
    • College of Accounting Sciences, School of Accountancy, Department of Management Accounting, University of South Africa, Pretoria
    • 2017, University of South Africa
    • Copyright 2017, University of South Africa
    • Printed and published by the University of South Africa, Muckleneuk, Pretoria
    • AIN1501/1/2018-2020
    • 70501386
    • InDesign

    Part 1: Introduction to Information Systems

    • Topic 1 - Nature of information and information systems
      • Study unit 1: Information
        • Introduction
        • What is information?
        • The uses and users of information
          • Internal users
          • External users
        • Summary
        • Self-assessment
      • Study unit 2: Information systems
        • Introduction
        • What is a system?
        • Open or closed systems
        • System Performance measurement
        • What is an information system?
        • The role of information systems in organisations
        • Computerised information systems
        • Accounting information system (AIS)
          • Definition
          • Why study accounting information systems (AIS)?
        • Summary
        • Self-assessment
      • Study unit 3: Information Strategy
        • Introduction
        • What is an information strategy?
        • The relationship between information, information system and information strategy
        • Information strategy
        • Benefits of an information strategy
        • Summary
        • Self-assessment

    Part 2: Information Technology Infrastructure

    • Topic 2: Information technology components
      • Study unit 5: Hardware
        • Introduction
        • Role of hardware
        • Hardware components
        • Input devices
        • Processing - CPU and primary memory
          • Central processing unit (CPU)
          • Executing instructions
          • Clock speed
          • Primary memory
        • Secondary storage
        • Output Devices
        • Other hardware
        • Types of computer systems
        • Computer system hardware selection and upgrading
        • Summary
        • Self-assessment
      • Study unit 6: Software
        • Introduction
        • System software
          • Operating system
          • Types of operating systems
          • Factors to consider when choosing a computer operating system
          • Utility software
        • Application software
          • Types of application software
            • Word processing
            • Spreadsheet
            • Database
            • Presentation
        • Software trends and issues
        • Software development
        • Summary
        • Self-assessment
      • Study unit 7: Components of communication Networks
        • Introduction
        • Purpose of communication networks
        • Components of communication networks
        • Communication mediums or channels
        • Specific hardware
        • Data communication protocols
        • Summary
        • Self-assessment
      • Study unit 8: Network Configurations
        • Introduction
        • Network topologies
        • Geographical scope
        • Distributed processing
        • Client server systems
        • Cloud computing
        • Summary
        • Self-assessment
      • Study unit 9: The Internet, intranets and extranets
        • Introduction
        • The internet and how it works
        • Internet applications
          • WWW
          • E-mail
          • FTP
          • E-commerce
          • Research tool
        • Intranets and extranets
        • Summary
        • Self-assessment

    Part 3: Threats, Controls, Privacy and Ethics

    • Topic 4: Threats in a computerised environment
      • Study unit 10: Threats to computerised information systems
        • Introduction
        • The relationship between Vulnerability, Threats, Exposure and Risks
        • Common threats to an information system
          • Natural
          • Environmental
          • Human
            • Errors
            • Waste
            • Computer crime (e.g., cyber-terrorism, cyber-extortion, identity theft, malware, spoofing, forgery, scams)
        • Summary
        • Self-assessment
    • Topic 5: Controls in a computerised environment
      • Study unit 11: Computer and accounting information system controls
        • Introduction
        • Information system security policies
          • Definition
        • Guidelines for information system security policy
          • Control concepts
        • Control classification
          • Controls specific to communication
          • Summary
          • Self-assessment
    • Topic 6: Privacy and ethical matters in a computerised environment
      • Study unit 12: Privacy and ethical concerns
        • Introduction
        • Privacy and the individual
        • Ethics and the individual
        • Privacy and the organisation
        • Ethics and the organisation
        • Ethics and the information
        • Summary
        • Self-assessment

    Part 4: System Development

    • Topic 7 - The system development process
      • Study unit 13 - System development lifecycles
        • Introduction
        • Reasons why information systems sometimes need replacement or improvement
        • Factors affecting the success of system development
        • Re-engineering business processes
        • System development lifecycle (SDLC)
          • Traditional system development lifecycle (SDLC)
          • Rapid application development (RAD)
          • End-user development lifecycle
        • Outsourcing
          • On-site outsourcing
        • Off-site outsourcing
          • Blended outsourcing
          • Advantages of outsourcing
          • Disadvantages of outsourcing
        • Summary
        • Self-assessment
      • Study unit 14 - System investigation and system analysis - Introduction
        • System investigation
          • Development team
          • Feasibility analysis
          • System investigation report
          • System analysis
          • Steps in a system analysis
          • Data collection techniques
          • Summary
        • Self-assessment
      • Study Unit 15 - System Design - Introduction
        • System design and its purpose
          • Logical and physical system design
          • Interface design
          • System security and controls
          • Generating system design alternatives
        • Evaluating and selecting a system design
          • Financial options
          • System design report
          • Summary
        • Self-assessment
      • Study Unit 16 - System Implementation
        • Introduction
          • System implementation process
          • Acquiring hardware
          • Acquiring and development of software
          • Preparation of current users
          • Hiring and training of new staff
            • Site preparation
            • Data preparation
            • Installation
            • Testing
            • Start-up
            • User acceptance
          • Summary
        • Self-assessment
      • Study Unit 17 - System Review and Maintenance - Introduction - System review and maintenance approaches - Time-driven approach - Event driven approach - System review - Review team - Factors to consider - Different aspects. - How the system review should be carried out - System review report - System maintenance - The maintenance team - Types of maintenance - Documentation and financial implications - Summary - Self-assessment

    Part 5: Business Applications

    • Topic 8 - Applications of information systems
      • Study unit 18: Overview of Information Systems and Operational Information Systems
        • Introduction
        • Information Systems in Perspective
        • Transaction Processing Systems (TPS)
          • TPS concepts
        • Business Functions
        • Advantages of a TPS
        • Disadvantages of TPS
        • Enterprise Resource Planning Systems (ERP)
          • ERP concepts
        • Advantages of an ERP
        • Disadvantages of ERP
        • Summary
        • Self-assessment
      • Study unit 19: Management Information Systems and Decision Support Systems - Introduction - The problem-solving and decision-making process - Management Information Systems (MIS) - What is an MIS? - Characteristics of an MIS - Decision Support Systems (DSS) - What is a DSS? - Characteristics of a DSS - The differences between a DSS and an MIS - Summary - Self-assessment
      • Study unit 20: Knowledge Management and other specialized information systems
        - Introduction - Knowledge Management Systems (KMS) - Characteristics of KMS - Customer Relationship Management Systems (CRM) - What is a CRM System? - Characteristics of CRM - Applications of CRM - Expert Systems (ES) - What is an ES - Applications of ES - Group Support Systems (GSS)
        • Summary
        • Self-assessment
    • Topic 9 - Electronic commerce
      • Study unit 21 : Electronic Commerce
        • Introduction
        • E-business concepts
        • E-commerce concepts
        • E-marketing concepts
        • M-commerce concepts
        • Advantages and Disadvantages
          • Advantages of E-Commerce
        • Disadvantages of E-Commerce
          • Main e-commerce categories
          • Summary
        • Self-assessment
      • Study unit 22: Electronic Commerce Related Threats and Controls
        • Introduction
        • E-commerce specific threats
          • Information
          • Technology
            • Business
        • Controls to mitigate these threats
        • Summary
        • Self-assessment

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    This quiz covers the key concepts from the AIN1501 course on Accounting Information Systems in a Computer Environment. It explores the nature of information, its uses, and the different types of users. Prepare to assess your understanding of information systems and their application within accounting.

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