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Exam (elaborations)

AIN2601 EXAM PACK 2024/2025

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AIN2601 EXAM PACK 2024/2025 QUESTIONS WITH DETAILED ANSWERS

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  • June 20, 2024
  • 42
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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AIN2601 EXAM PACK
2024/2025
QUESTIONS WITH DETAILED ANSWERS




[DATE]
[COMPANY NAME]
[Company address]

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AIN2601/102
OUESTION 1 (8 marks)
WRITE THE CORRECT ANSWER (A, B, C OR D) NEXT TO THE RELEVANT QUESTION NUMBER. EACH
CORRECT ANSWER COUNTS ONE (1) MARK.


1. A/An is an integrated set of software that provides a user-friendly
interface to the user for all data interactions between the user and the physical database.

(A) software system
(B) application system
(C) operating system
(D) database management system

2. _____________are responsible for creating, maintaining, updating and managing the application and
database management system software which the end-user uses to interact with the physical database.

(A) System software programmers
(B) Application programmers
(C) Database administrators
(D) End-users

3. The database model type normally used for data warehouses are ________ models.

(A) relational or multidimensional
(B) hierarchical or object-oriented
(C) network of relational
(D) network or object-oriented

4. An Accounting Information System (AIS) focusing on enterprise level organizations is usually a module
in an Enterprise Resource Planning System and an example is____.

(A) Sage ERP Accpac
(B) Pastel Partner
(C) QuickBooks Premier
(D) Palladium Accounting Business




5. An example of the use of a manufacturing Management Information System is ___.

(A) order backlogs
(B) pricing decisions
(C) development of new products
(D) promotional strategies


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QUESTION 1 (continued)
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6. In a manual transaction processing system, the following applies.

(A) If the individual balances of all the sub-ledger accounts are added up, they will equal the total
balance in the bank account.
(B) At the end of the month, the detail information from each column in a journal is transferred to the
income statement and balance sheet.
(C) The various asset, liability and equity accounts are grouped together and used to prepare the
balance sheet.
(D) Balance sheets and income statements can’t be prepared monthly in order for management
decisions and reporting to various stakeholders.

7. Shiny Beauty (Pty) Ltd received a supplier invoice from Global Tyre Suppliers Ltd, from whom they
always buy on credit. Shiny Beauty uses a perpetual inventory system. Which one of the following is a
source document to which the supplier invoice must be matched, to ensure that the organisation is only
billed for items ordered and received?

(A) Sales invoice.
(B) Debit note.
(C) Goods received note.
(D) Supplier’s delivery note.

8. Almost all organisations make use of an Accounting Information System to record financial transactions
and there are several different Accounting Information Systems available to choose from. Which one
of the following factors should NOT be considered when investigating a new Accounting Information
System?

(A) Ease of use the new system.
(B) Cost of the new system.
(C) The vendor’s number of employees.
(D) Country suitability of the new system.

[8]




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, lOMoAR cPSD| 24668432




QUESTION 2 (8 marks)
INDICATE WHETHER THE FOLLOWING STATEMENTS ARE TRUE OR FALSE.
ONLY WRITE THE WORD “TRUE” OR “FALSE” NEXT TO THE RELEVANT QUESTION
NUMBER. EACH CORRECT ANSWER COUNTS ONE (1) MARK.


1. A disadvantage of using the relational database model is that it is slower than the network
and hierarchical models because it uses more processing power to query data.

2. Data mining software is used to analyse data sets in order to uncover previously unknown
trends, patterns and relationships between data.

3. Interactive output occurs when users are directly connected to the computerised information
system and will receive their requested reports at the end of every week.

4. Application programmers are responsible for managing and controlling the organisation’s
database.

5. The sole purpose of a Management Information System (MIS) is to generate only financial
reports about operational activities.

6. When selecting a new accounting program, the hardware requirements need to determine
first, before looking at individual Accounting Information System providers and the software
they offer

7. Based on the planned production, a master production schedule is created.

8. “Expenses” is one of the five major financial statement categories that the chart of accounts
(CoA) is grouped into
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