1.

Week 4 Homework
a. Consider the business processes that were discussed in this week’s Async videos.
Which ones best apply to the activities described in the narrative?
Computerized AIS
b. What are the benefits of EPI having an AIS? What is the goal of an AIS?
Efficiency – Automatically does sales orders, inventory checks, and customer
credit checks. The goal of an AIS is to have things be more efficient, generate
reports, and less human error.
c. With reference to the key AIS elements discussed this week (input, processing,
output) identify one example of each type of element for the revenue cycle, as
indicated in the narrative.
Input: Sale of goods – inventory/revenue
Processing: Computer
Output: Internal Reports – daily monthly weekly reports
2. Practice Set
a. Sage 50 is a popular accounting software for smaller businesses. Now that you
have worked with Sage50, what do you believe the benefits are for a small
business like Intermaweb to using this software? Are there any disadvantages to
using this software?
Advantages: The company can easily view revenues/expenses. This software
could be used for projections. Cash Flow Manager.
Disadvantages: User ability
b. What transactions in Part 1 did you find most challenging? Why?
c. What did you like about working with the software? Dislike?