Course: Computerized Accounting Systems Discussion Question One 1. Discuss the differences between internal and external users of information and their needs and demands on an information system. Historically, which type of user has the firm catered to most? 2. Distinguish between financial and nonfinancial transactions. Give three examples of each. Discussion Question Two 1. Can a turnaround document contain information that is subsequently used as a source document? Why or why not? 2. Explain how the magnetic audit trail functions. Discussion Question Three 1. The estimates of losses annually due to computer fraud vary widely. Why do you think obtaining a good estimate of this figure is difficult? 2. Explain at least three forms of computer fraud.

Course: Computerized Accounting Systems Discussion Question One 1. Discuss the differences between internal and external users of information and their needs and demands on an information system. Historically, which type of user has the firm catered to most? 2. Distinguish between financial and nonfinancial transactions. Give three examples of each. Discussion Question Two 1. Can a turnaround document contain information that is subsequentiy used as a source document? Why or why not? 2. Explain how the magnetic audit trail functions. Discussion Question Three 1. The estimates of losses annually due to computer fraud vary widely. Why do you think obtaining a good estimate of this figure is difficult? 2. Explain at least three forms of computer friud