as to membership. Similarly, each member may join as many wishes. hero may serve in that capacity for multiple communities Chapter 5 Information Systems Concepes99 communities as he/she community has just one "community hero," the same community account, or via electronic check from the Bank of America operating account Part One Questions All bill-paying activity at Big Marker happens electronically in one of the three ways: via the company's credit card, via automatic debit from the Bank of America operating 1. Accounting information systems have five generic parts. Based on the preceding nar- rative, information on the Big Marker Web site and your own critical thinking, provide two examples of each of the five generic parts. 2. Big Marker uses the standard chart of accounts in QuickBooks to maintain its finan- cial records. a. Suggest specific account titles and account numbers for at least three accounts in each of the following categories: current assets, plant assets, current liabilities, long-term liabilities equity, revenue, and expense. b. Use the account titles and account numbers from (a) to suggest at least 10 transactions Big Marker would commonly process. Indicate, using the account names and numbers, how Big Marker would record each transaction you suggest. 3. Consider the list of internal controls presented in the narrative. For each one, discuss: in nature a. Whether it is primarily preventi b. Which of the four purposes of internal control it is designed to achieve and enterprise risk 4. Use the relevant COSO frameworks to develop internal control 5. Create a risk/control matrix for Big Marker using some combination of the internal be Big Marker's business processes using the Capability management plans for Big Marker. For both plans, suggest control activities that are not mentioned in the narrative rols discussed in the narrative and any you created in the previous question 6. How would you descri Maturity Model? Explain your classification as to membership. Similarly, each member may join as many wishes. hero may serve in that capacity for multiple communities Chapter 5 Information Systems Concepes99 communities as he/she community has just one "community hero," the same community account, or via electronic check from the Bank of America operating account Part One Questions All bill-paying activity at Big Marker happens electronically in one of the three ways: via the company's credit card, via automatic debit from the Bank of America operating 1. Accounting information systems have five generic parts. Based on the preceding nar- rative, information on the Big Marker Web site and your own critical thinking, provide two examples of each of the five generic parts. 2. Big Marker uses the standard chart of accounts in QuickBooks to maintain its finan- cial records. a. Suggest specific account titles and account numbers for at least three accounts in each of the following categories: current assets, plant assets, current liabilities, long-term liabilities equity, revenue, and expense. b. Use the account titles and account numbers from (a) to suggest at least 10 transactions Big Marker would commonly process. Indicate, using the account names and numbers, how Big Marker would record each transaction you suggest. 3. Consider the list of internal controls presented in the narrative. For each one, discuss: in nature a. Whether it is primarily preventi b. Which of the four purposes of internal control it is designed to achieve and enterprise risk 4. Use the relevant COSO frameworks to develop internal control 5. Create a risk/control matrix for Big Marker using some combination of the internal be Big Marker's business processes using the Capability management plans for Big Marker. For both plans, suggest control activities that are not mentioned in the narrative rols discussed in the narrative and any you created in the previous question 6. How would you descri Maturity Model? Explain your classification