Question: Question 2 The advent of artificial intelligence (AI) has changed the way business is conducted in every industry around the world. The adoption of AI

Question 2 The advent of artificial intelligence (AI) has changed the way business is conducted in every industry around the world. The adoption of AI not only helps businesses and organisations to save time and money, but also facilitate the provision of quality insights and timely data for business process re-engineering, as well as supporting tasks such as business decision making, language translation, speech recognition, visual perception and mechanical problem solving. Doubtless, AI-enabled systems are the way businesses of today will stay competitive and attract the next generation of employees and customers. Discuss how Al-enabled systems may be employed to facilitate work in the following industries/businesses. Give practical examples to support your explanations. Finance and Economics Healthcare Government Audit Law (3 marks) (3 marks) (3 marks) (3 marks) (3 marks) [Total: 15 Marks] DC: ACD01-F004 Question 3 Accounting information system (AIS) is an integral part of the total management information system (MIS) of an organization. The AIS is usually manned by accounting and finance professionals who possess knowledge and competency in business MIS as a whole, and AIS in particular. As business continues to evolve, so does the roles of the accounting and finance professionals also continue to evolve. a. Discuss three (3) roles that are accounting and finance professionals are required or expected to play in the everchanging information systems of a business. (5 marks) b. The AIS within an MIS may be run either manually or in an automated manner. A computerized AIS is an automated system for recording, summarizing and analysing large volumes of financial data into useful information and reports. Identify and briefly explain four (4) modules of a computerized AIS. (5 marks) c. Explain three (5) salient features that have allowed the computerized AIS Tally ERP.9 to make inroads to the Ghanaian SME market. (5 marks) [Total: 15 marks] Question 4 In today's globalized and technologically inundated world, machines are gradually and systematically taking over most business functions that used to be carried out by humans. Machine learning-enabled programs have been designed which are able to learn, grow, and change by themselves when exposed to new data. They achieve this by utilizing algorithms which iteratively learn from data. E-commerce platforms today feature a simplistic recommendation engine ("also bought with this item"), with Amazon and Walmart using advanced retail analytics and product recommendations on a regular basis. Social media platforms, such as Facebook, Twitter, and LinkedIn, also use machine learning for personalized content delivery, online advertising, and bidding. The ads that pop up in your Facebook feed are delivered using an ML algorithm that analyzes your preferences to match them with a marketer's ad delivery settings. In spite of the above, fine attributes of Machine learning-enabled programs, some companies resort to the use of accounting software packages. a. Discuss five (5) practical considerations critical to the selection of accounting software packages in Ghana. (10 marks) b. Outline five (5) obstacles to machine learning or the adoption of machine learning-enabled programs and systems by some businesses. (5 marks) [Total: 15 marks]
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