HI5019: Strategic Information System Assignment - T3 2019

This document provides a comprehensive solution to a strategic information system assignment, addressing ten key questions related to internal controls, fraud prevention, and revenue cycles. The assignment explores the limitations of detective controls, the challenges of preventing and detecting employee collusion in fraud, and the distinct functions of sales order, billing, and accounts receivable departments. It emphasizes the importance of access control over revenue cycle documents, the risks associated with payroll outsourcing, and the implementation of controls for remote workforces. Furthermore, the assignment delves into the significance of aligning strategic objectives with system planning, the impact of top management support during implementation, tests for physical security controls, and the five control objectives of an operating system. The solution draws on relevant academic references to support its arguments and provides a thorough understanding of the subject matter.