Final Exam

For each of the 5 course objectives, explain in 200-400 words what you learned in this course and how you could apply your learning of this course objective to your personal life or career. Refer to the syllabus to assist you in understanding what material was covered under each objective. Use the attachment to write the asnwers.

 4pts each (2pts for content and 2pts for meeting word count of at least 200 words for each objective)

1)    CHANGING DYNAMICS OF ACCOUNTING (to earn full credit meet word count of at least 200 words)

Objectives/Competencies

• • 1.1Identify the five accounting cycles.
  • 1.2Describe the impact of information systems on the accounting profession.
  • 1.3Demonstrate the flow of accounting information through an organization.
  • 1.4Analyze the limitations and risks of using the Internet in business activities.
  • 1.5Differentiate among the various types of information systems (IS). 

2)    INFORMATION SYSTEMS INFRASTRUCTURE(to earn full credit meet word count of at least 200 words)

Objectives/Competencies

• • 2.1Identify major hardware components.
  • 2.2Identify internal control procedures for accounting information systems.
  • 2.3Examine accounting software applications. 

3)    DATA MANAGEMENT AND INTEGRATION (to earn full credit meet word count of at least 200 words)

Objectives/Competencies

• • 3.1Define terminology used in databases.
  • 3.2Create a tool illustrating the flow of accounting information.
  • 3.3Develop a database using an accounting cycle. 

4)    BUSINESS MODELING PROCESSES AND SYSTEM DESIGN(to earn full credit meet word count of at least 200 words)

Objectives/Competencies

• • 4.1Describe the systems development life cycle.
  • 4.2Explain the development of accounting information system requirements 

5)    INFORMATION SYSTEMS AND AUDITING(to earn full credit meet word count of at least 200 words)

Objectives/Competencies

• • 5.1Identify methods for auditing information systems.
  • 5.2Examine the impact of the Sarbanes-Oxley Act on internal control.