HA2042 Accounting Information Systems Assignment: Tutorial Questions Assignment 1 Answer

Assessment Task – Tutorial Questions Assignment 1

Unit Code: HA2042

Unit Name: Accounting Information Systems Assignment: Tutorial Questions Assignment 1

Weighting: 25%

Total Assignment Marks: 50 Marks

Purpose:

This assignment is designed to assess your level of knowledge of the key topics covered in this unit.

Unit Learning Outcomes Assessed:

1. Understand and explain the environment in which accounting information systems are constructed and operated.
2. Understand and explain the place of an accounting information system in the context of the organisational structure and operating practices.
3. Identify, analyse and compare different types of accounting information systems.
4. Use different methodologies to evaluate various accounting information systems.

Description: Each week students were provided with three tutorial questions of varying degrees of difficulty. These tutorial questions are available in the Tutorial Folder for each week on Blackboard. The Interactive Tutorials are designed to assist students with the process, skills and knowledge to answer the provided tutorial questions. Your task is to answer a selection of tutorial questions from weeks 1 to 5 inclusive and submit these answers in a single document.

The questions to be answered are:

Week 1 Question (10 marks, maximum 250 words)

What three transaction cycles exist in all businesses? Name the major subsystems of the three (3) cycles.

Week 2 Question (10 marks, maximum 200 words)

Using the diagram above, answer the following questions:

1. What do the symbols for “Vendor” and “Invoice” represent?
2. What does the operations involving “AP Dept”, “PO”, “Rec Rept”, and “Invoice” and “T” depict?

Week 3 Question (10 marks, maximum 250 words)

Discuss the potential aggravations you might face as a student as a result of your university using a flat-file data management environment.

Week 4 Question (10 marks, maximum 300 words)

Explain why each of the following combinations of tasks should or should not be separated to achieve adequate internal control:

1. Approval of bad debt write-offs and the reconciliation of accounts receivable subsidiary ledger and the general ledger control account.
2. Distribution of payroll cheques to employees and approval of employee time cards.
3. Posting of amounts from both the cash receipts and the cash disbursements journals to the general ledger.

Week 5 Question (10 marks)

Question 3 – TBA (10 marks)

Submission Directions:

The assignment has to be submitted via Blackboard. Each student will be permitted one submission to Blackboard only. Each student needs to ensure that the document submitted is the correct one. Academic Integrity

Academic honesty is highly valued at Holmes Institute. Students must always submit work that represents their original words or ideas. If any words or ideas used in a class posting or assignment submission do not represent the student’s original words or ideas, the student must cite all relevant sources and make clear the extent to which such sources were used. Written assignments that include material similar to course reading materials or other sources should include a citation including source, author, and page number.

In addition, written assignments that are similar or identical to those of another student in the class is also a violation of the Holmes Institute’s Academic Conduct and Integrity Policy. The consequence for a violation of this policy can incur a range of penalties varying from a 50% penalty through to suspension of enrolment. The penalty would be dependent on the extent of academic misconduct and the student’s history of academic misconduct issues. All assessments will be automatically submitted to Safe-Assign to assess their originality.

Further Information:

For further information and additional learning resources, students should refer to their Discussion Board for the unit.