Computer-based accounting

1. Does the control function differ between soft systems and hard systems?

2. ‘The internet is a global phenomenon started by the Russians!’ Discuss.

3. The internet is a global phenomenon managed and controlled by the Americans!’ Discuss.

Computer-based accounting software can be classified into two categories

i. accounting finance-related software, and

ii. management-related software.

Required

Describe and explain the three types of software within each of the above categories

The BACSTEL payment service was withdrawn at the end of December 2005 and replaced by BACSTEL-IP.

Required

Briefly describe the four stage processing procedure of BACSTEL-IP and explain the main advantages of the new service.

Solution: