a) Green Grocer is the name of a business that runs eight bookstores around the country. It sells all types of books, from fiction, non-fiction and children's to technical and academic books. The Green Grocer has decided to opt for an ERP system. Explain the importance of an ERP system for businesses and how it will benefit the Green Grocer book chain. (6 marks)

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Practice Questions

Accounting Systems and Information Assurance - ACCT20072

Page 4 of 7

Question 2 continued

b) Discuss what cloud computing is. (4 marks)

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Question 3 10 marks

Masters Ltd has just realised that it has a problem with sales data as its sales order system records sales to customers that subsequently fail a credit check.

a) What decisions made during the revenue cycle would be affected by this data problem? How can the problem be corrected? (3 marks)

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b) How would this data problem affect the performance of the revenue cycle? (2 marks)