1. Quality of AIS, impact of AIS on financial information and decision making
The answers to the following questions
range from strongly agree to strongly disagree. Please note that:
1= Strongly agree. 2= Agree. 3= No
Opinion. 4= Disagree. 5= Strongly disagree.
Instructions: Tick the appropriate box
Sl #
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Question
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1
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2
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3
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4
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5
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Strongly
agree
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Agree
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No Opinion
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Disagree
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Strongly
disagree
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1
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Timely relevant information can be derived
from the Accounting Information System (AIS)
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2
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Segregation of duties has been implemented
as part of the AIS
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3
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Measurement of Key Performance Indicators
(KPIs) has been integrated with AIS
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4
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Non-financial attributes are embedded in
the AIS
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5
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Concurrent transactions are automated with
proper notification
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6
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Modification to any approved data requires
prior approval from top management
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7
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Financial data stored in the AIS is
integrated whole system wide
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8
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Use of paperwork has come to almost zero
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9
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Human resources costs and numbers have been
minimised
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10
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Big data can be handled easily and
efficiently
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11
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Support system for exceptional transactions
are integrated
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12
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Data input from one module is embedded in
the AIS
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13
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Implementation of AIS was maintained using
work flow charts
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14
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AIS is compliant with regulations for
Companies in SA
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15
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Productivity, efficiency has increased
after implementation of AIS
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16
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Wastage of resources has been decreased
after implementation of AIS
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17
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Employee turnover has decreased after
implementation of AIS
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18
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Profitability and cash management
efficiency has been increased after implementation of AIS
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19
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Forecasting on operational plans are more
realistic
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20
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Relevance and reliability of financial
information has increased
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21
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Analysis of accounting information has been
increased from multiple perspectives
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22
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Concurrent formative reporting has been
automated
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23
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Maintenance of working capital has been
more efficient
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24
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Cash cycle has improved after
implementation of AIS
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25
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Lost sales and over inventory costs has
significantly reduced after implementation of AIS
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26
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Predetermined criterion help to reduce
concurring decision making time
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27
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Distribution of financial and non-financial
information from AIS is faster using electronic medium to stakeholders
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28
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Financial data security has increased after
implementation of AIS
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29
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Time series analysis of financial analysis
assists informed decision making
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30
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Evaluation of Critical Success Factors
(CSFs) has been accelerated and accurate
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31
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Manipulation of financial information from
AIS is very difficult
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32
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Customised information can be obtained from
the AIS very quickly for better decision making
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33
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Automated financial reports can lack all
required information
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34
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AIS generated financial reports might be
non compliant with regulatory reporting format
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35
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Updating of reporting format updates all past
reports and can distort historical reports generated
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36
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Changes of financial reports require more
time to integrate with AIS
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37
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Cross interpretation of financial
information is difficult
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38
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What if analysis of financial information
is limited in AIS with non financial parameters
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39
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Addition of explanatory notes is not
possible with automated financial reports in AIS
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40
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Impact of contingent events are not
reflected in the AIS generated financial reports
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(i)
What is the level of quality of AIS adopted by listed companies in SA?
1 to 8
(ii)
What is the impact of AIS on the quality of financial information among companies
in SA?
9-20
(iii)
What effect does AIS have on the decision-making in SA listed companies?
21-32
(iv)
What are the threats to the quality of financial reporting when using AISs?
33-
40
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