Questions -

1. Explain the three fundamental benefits of information technology to accounting information systems.

2. Briefly discuss some behavioral considerations that are of major importance to the systems planning and analysis phase.

3. Explain the difference between a "server" and a "client." List and describe the four types of servers.

4. Southeastern Supply Company has been in business for one month. The chief information officer of the company is designing procedures for its sales order entry system. Top management wants procedures for both general and specific authorization.Describe procedures to accomplish each of the following activities and indicate whether each procedure requires general or specific authorization.

1. Establishment of prices to be entered on sales orders

2. Establishing terms of sale, including credit limits

3. Disposition of blocked orders for customers over the credit limit

4. Disposition of sales allowances

5. Writing off accounts deemed worthless

5. World Voice is a long-distance telephone service provider that is in the process of overhauling its fixed-asset applications system.
Identify the individual data items that should be included in the database for each of the company's fixed assets.