Your task is to review the IRIS Module on Early Childhood Environments and complete the Assessment at the end of the module. Answer questions #1-5 and submit it as a Word doc.
IRIS | Challenge (vanderbilt.edu)
IRIS | Assessment (vanderbilt.edu)
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- Unit Learning Outcomes Assessed.: 1. Critically evaluate the purpose and role of accounting information systems in today’s business environment. 2. Articulate the various transaction cycles, financial reporting, management reporting systems and e-commerce systems to technical and non-technical stakeholders. 3. Evaluate systems development methodologies and the role of accountants in system development projects. 4. Appraise the risks inherent in computer-based systems/ERP, including the role of ethics and the various internal control processes that need to be in place. 5. Critically evaluate the range of cultural, security, privacy and ethical issues facing individuals and organizations as a result of information systems. Description: Each week students were provided with three tutorial questions of varying degrees of difficulty. The tutorial questions are available in the Tutorial Folder, for each week, on Blackboard. The Interactive Tutorials are designed to assist students with the process, skills, and knowledge to answer the provided tutorial questions. Your task is to answer a selection of tutorial question for weeks 1 to 11 inclusive and submit these answers in a single document. The questions to be answered are: Question 1: Week 4, 7 Marks. [Words Limit: Up to 400 words.] a) Internal controls play an important role in reducing the risks of fraudulent activities in any organization. Further, advanced technology helps accountants in reducing fraud. Explain how an advanced technology transaction processing system reduc
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