Question 3. a) The value of accounting information is dependent upon its reliability. Internal controls are developed in order to assure that the information provided by the AIS is reliable. Describe two internal controls that support the internal control objective of reliable information. (15 Marks) b) The second basic function of an AIS is to process data into information that is useful for decision making. Describe the types of information that are made available to external parties as well as the types of information that are used by internal parties. (10 Marks) c) In order to identify the information needs of a company, an information systems specialist first identifies business activities and then key decisions within each activity. Once the key decisions have been identified the specialist determines what information is needed for each decision. For the "pay vendors" business activity determine the key decisions that need to be made and the information needs of each decision. (5 Marks) [Total: 25 Marks