Code: HI5019

Title: Strategic Information Systems for Business and Enterprise

Required Prepare a report to Chief Executive Officer of Rainbow Illusion to evaluate its processes, risks and internal controls for its revenue cycle. In your report, you need to include the following items:

 Identify six strengths in Rainbow Illusion’s system for controlling sales transactions.

 For each strength identified, explain what problem(s) Rainbow Illusion has avoided by incorporating the strength in the system for controlling sales transactions.

 Identify two situational pressures in a company like Rainbow Illusion that would increase the likelihood of fraud.

 Explain why some companies would choose to install a distributed computer system rather than a centralised one.

 

Assignment Structure

The report should include the following components:

 Assignment cover page clearly stating your name and student number

 A table of contents, executive summary

 A brief introduction or overview of what the report is about.

 Body of the report with sections to answer the above issues and with appropriate section headings

 Conclusion

 List of references

The report should be grounded on relevant literature and all references must be properly cited and included in the reference list.

 

Marking criteria

 Strengths in Rainbow Illusion’s system for controlling sales transactions 6%

Problems that Rainbow Illusion has avoided by incorporating the strength in the system for controlling sales transactions 6%

Situational pressures that would increase the likelihood of fraud 2%

Reasons for companies to install a distributed computer system rather than a centralised one 2%

Presentation 2%

Research quality 2%

TOTAL Weight 20%