BIT 02101BBIT 03201 ACCOUNTING INFORMATION SYSTEMS.

UNIVERSITY EXAMINATIONS: 2020/2021
EXAMINATION FOR THE DEGREES OF BACHELOR OF SCIENCE IN
INFORMATION TECHNOLOGY/ BACHELOR OF BUSINESS INFORMATION
TECHNOLOGY
BIT 02101/BBIT 03201: ACCOUNTING INFORMATION SYSTEMS
FULLTIME/ PART TIME/DISTANCE LEARNING
DATE: DECEMBER, 2021 TIME: 2 HOURS
INSTRUCTIONS: QUESTION ONE IS COMPULSORY, CHOOSE TWO OTHER
QUESTIONS

QUESTION ONE (20 Marks) Compulsory
(a) Discuss the five main components of financial information systems in modern
business organizations and explain the contribution of each component toward the
proper functioning of the financial system. (15 Marks)
(b) Identify one general purpose software and one application specific software and
explain how each can make a financial system complete or more effective.
(5 Marks)
QUESTION TWO (15 Marks)
(a) Explain any three modern control techniques in computer-based financial systems
(9 Marks)
(b) Discuss the benefits of using centralised databases in the management of financial data
(6 Marks)
QUESTION THREE (15 Marks)
Identify some major advancement in communication technology and explain how they have
revolutionized the management of businesses and the work of financial professionals in Kenya
and elsewhere in the world. (15Marks)
QUESTION FOUR (15 Marks)
Discuss the major challenges of new financial services especially electronic banking in Kenya
and explain how such challenge can be overcome or minimized.
Use practical examples to illustrate your answer. (15Marks)

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