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Time Allowed 3 hours Note: Attempt any Five Questions, all questions carry equal marks
1. What are the Components of the Cycle of Business Activities? 2. Discuss the Sub Systems of the Accounting System in detail 3. Briefly define the scope and nature of events 4. Discuss the following a. Control Reports b. Production Cost Reports c. Computerized Records d. Product Cost File 5. Explain the Payroll System, Transaction and Documents 6. How information in an organization flows from top to bottom? 7. What are the types of Accounting Receivable System? 8. In Computer Based accounting system, catalogue the applications in the expenditure cycles. spell out the purpose of any two of applications. 9. Elaborate the production scheduling system in detail