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Exam (elaborations)

AIN 2601 Exam Pack

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These are Exam questions and solutions as well as those that were found in assignments, study guides and practice questions. When you work through these together with explanations in your study guide, you will gain an excellent understanding of concepts, theories, techniques and methods which will ...

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  • January 4, 2021
  • 69
  • 2020/2021
  • Exam (elaborations)
  • Questions & answers

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By: faaizpillay37 • 3 year ago

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MODULE : AIN2601

,AIN2601 Exam
Papers with
Solutions

Contains exam
questions and
solutions.
2016-2019

, 1




AIN 2601-EXAMPACK NOVEMBER 2015, 2016 & JUNE 2017
NOVEMBER 2015
QUESTION 1-MULTIPLE CHOICE

1.1 B
1.2 D
1.3 C
1.4 C
1.5 B
1.6 C
1.7 A
1.8 D



QUESTION 2-MISSING WORD(S)

2.1 XBRL
2.2 Signoff
2.3 Data warehouse
2.4 field
2.5 summarise
2.6 verifiable
2.7 data control
2.8 entry level



QUESTION 3

3.1.1 Centralized database-the database in this case will be physically stored in one central location
(i.e it is on the server).

Distributed-there will be several interlinked databases stored in several computers in the same
(e.g headquarters) or different locations (branches).

3.2.1 2 Types of distributed databases are:
-partitioned and replicated

, 2


3.2.2 Inshape are using the replicated database because as can be seen in the scenario, a limited
access member can visit a different gym and still have their details located at that specific gym;s
database.

3.3 Classifying
-Membership types

Sorting
-members sorted according to membership number

Calculating
-total points earned

Summarising
-user can actually select to view a summary of members to ALL gyms or the LIMITED access
under a a particular gym.


3.4 4 Factors influencing staff levels in a finance team-
-size and structure of the organization
-the complexity and volume of transactions processed
-the complexity and volume of reporting required
-the integration of the accounts with the operational info systems
-the number of manual interventions needed
the AIS software used




QUESTION 4

4.1 -Country: Various tax GL account, tax rates and display requirement are automatically set up by
Pastel depending on the country selected at setup.
-Company name, contact details, VAT reg number, tax number and Co reg number. These will be
on the company stationery.
-Date format
-start of financial year and period end day.
-number of periods to use in a financial year.



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