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What are the advantages and disadvantages of using databasesrather than files? Why is it important for an accountant tounderstand how a database works? Identify at least three functionsin which an accountant would use a database.

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Sixta Kovacek
Sixta KovacekLv2
13 Dec 2018

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From the e-Activity, assess the advantages and disadvantages ofthe continued use of the traditional relational database and thendecide if businesses should be moving toward relational databasesin the cloud. Justify your decision and provide specific examplesto support your response.

Determine whether a company has an ethical obligation to sharewith external clients that key information about them is beingstored in the cloud. Speculate how external clients would react ifthey were told in advance or it was kept from them and they foundout another way

Chapter 14 Running Case Assignment: Improving Decision Making:Using

Spreadsheet Software to Analyze the Return on a New SystemInvestment

Software skills: Spreadsheet formulas and functions

Business skills: Capital budgeting

This project provides you with an opportunity to use spreadsheetsoftware to use the

capital budgeting models discussed in this chapter to analyzethe return on a new

information system investment for a real-world company.

Dirt Bikes’s management would like to analyze the return on itsinvestment in its

employee training and skills tracking system described inChapter 13. The system runs on

the human resources specialists’ PCs using PC database software.Because the entire

corporate administrative staff recently received new desktop PCsystems with database

and other productivity software, there are no additionalhardware and software purchase

costs. The main costs include the initial cost of designing andimplementing the database

(business staff cost of $5,000; information systems staff costof $15,000), gathering and

adding employee skills and training data to the database ($5,500initial data conversion

cost plus $1,000 annual data entry costs), and ongoingmaintenance and support ($3,000

annually). Human resources staff members believe the newapplication could save each

of them two hours of work per week. (Their annual salaries are$37,000 and $42,000

each.) The company would also save about $11,000 annually inemployee recruiting costs

because it would be able to fill many vacant positions withexisting employees, thereby

reducing its costs for recruiting outside the company. Thesystem would not be installed

until the end of 2014 and would return benefits from 2015 to2019.

 Prepare a business report for management analyzing the returnon the investment

for this system over a five-year period using the followingcapital budgeting

models: net present value, return on investment (ROI), internalrate of return

(IRR), and payback method. Assume a 5 percent interest rate foryour net present

value calculations. Use spreadsheet software for yourcalculations. 40 hours working per week

ACCT 312 – Accounting Information Systems

Exam One (Ch. 1-3) Review Sheet:

The exam will consist of 25 multiple choice questions at2 points each.

Chapter Two:

1. Know the four major steps inthe data processing cycle.

2. Know which type of special journal would be used for avariety of business transactions: the sales journal, cash receiptsjournal, purchases journal, cash payments journal and generaljournal.

3. Know the purpose of the two types of subsidiary ledgers.

4. Understand the basics of how coding (e.g., account numbers)works.

5. Understand the difference between online or offline dataentry and batch or real-time processing.

6. Know the difference between master files and transactionfiles. (Problem 2.8)

7. Understand the basic components of an ERP and its advantagesand disadvantages.

Chapter Three:

1. Be able to read and understand the symbols used in data flowdiagrams (DFDs – context and level 0), BPD, and documentflowcharts.

2. Know why it is so very important for accountants to be ableto read and/or prepare flowcharts.

3. You will not have to prepare a DFD, BPD, or documentflowchart.

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