Questions from Accounting Information Systems

Q: What are the advantages of automated time keeping such as bar code

What are the advantages of automated time keeping such as bar code readers, or ID badges that are swiped through a reader?

Q: What are the advantages of outsourcing payroll?

What are the advantages of outsourcing payroll?

Q: Fixed assets are purchased and retired frequently. Given this frequent change

Fixed assets are purchased and retired frequently. Given this frequent change, why are clear accounting records of fixed assets necessary?

Q: Why is it important to conduct an investment analysis prior to the

Why is it important to conduct an investment analysis prior to the purchase of fixed assets?

Q: Why are some fixed assets susceptible to theft?

Why are some fixed assets susceptible to theft?

Q: Explain why a real‐time update of fixed asset records might

Explain why a real‐time update of fixed asset records might be preferable to batch processing of fixed asset changes.

Q: Why is the beginning of a fiscal year the best time to

Why is the beginning of a fiscal year the best time to implement a fixed asset software system?

Q: What negative things might occur if fixed asset software systems lacked appropriate

What negative things might occur if fixed asset software systems lacked appropriate access controls?

Q: For each of the following parts of an IT system of a

For each of the following parts of an IT system of a company, write a one‐sentence description of how unauthorized users could use this as an entry point: a. A local area network (LAN) b. A wireless...

Q: Why might a supervisor collude with an employee to falsify time cards

Why might a supervisor collude with an employee to falsify time cards?