How is a credit check in the advanced technology system fundamentally different from a credit check in the basic technology system? (10 marks)

Unit Learning Outcomes Assessed:

1. Critically evaluate the purpose and role of accounting information systems in today's business environment; 2. Articulate the various transaction cycles, financial reporting, management reporting systems and e-commerce systems to technical and non-technical stakeholders; 3. Evaluate systems development methodologies and the role of accountants in system development projects; 4. Critically evaluate the range of cultural, security, privacy and ethical issues facing individuals and organisations as a result of information systems.