Wednesday, 25 January 2017

Complete Solutions for Accounting Information System 12e by Marshall B. Romney Paul J. Steinbart


Complete Solutions for Accounting Information System 12e by Marshall B. Romney Paul J. Steinbart

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CHAPTER 20
INTRODUCTION TO SYSTEMS DEVELOPMENT; SYSTEMS ANALYSIS
20.1  The approach to long-range AIS planning described in this chapter is important for large organizations with extensive investments in computer facilities.  Should small organizations with far fewer information systems employees attempt to implement planning programs?  Why or why not?  Be prepared to defend your position to the class.
20.2  You are a consultant advising a firm on the design and implementation of a new system.  Management has decided to let several employees go after the system is implemented.  Some have many years of company service. 
How would you advise management to communicate this decision to the affected employees?  To the entire staff?
20.3  While reviewing a list of benefits from a computer vendor’s proposal, you note an item that reads, “Improvements in management decision making—$50,000 per year.”  How would you interpret this item?  What influence should it have on the economic feasibility and the computer acquisition decision?
20.4    For each of the following, discuss which data-gathering method(s) are most appropriate and why:
        
1.       Examining the adequacy of internal controls in the purchase requisition procedure -
2.      Identifying the controller’s information needs
3.      Determining how cash disbursement procedures are actually performed
d.      Surveying employees about the move to a total quality management program
e.      Investigating an increase in uncollectible accounts
20.5 The following problem situations occurred in a manufacturing firm.  What questions should you ask to understand the problem?
</para>Accounting sees an increase in the number and dollar value of bad debt write-offs
Operating margins have declined each of the past four years due to higher-than-expected production costs from idle time, overtime, and reworking products
20.6  Give some examples of systems analysis decisions that involve a trade-off between each of the following pairs of objectives:
1.       economy and usefulness
2.      economy and reliability
c.      economy and customer service
d.      simplicity and usefulness
e.      simplicity and reliability
f.       economy and capacity
g.      economy and flexibility
20.7  For years, Jerry Jingle’s dairy production facilities led the state in sales volume but recent declines worry him.  Customers are satisfied with his products but are troubled by the dairy’s late deliveries and incomplete orders.  Production employees (not the cows) are concerned about bottlenecks in milk pasteurization and homogenization due to poor job scheduling, mix-ups in customers’ orders, and improperly labeled products.  How should Jerry address the problems?  What data-gathering techniques would be helpful at this early stage?
20.8 A manufacturing firm needed a specialized software program to identify and monitor cost overruns.  After an extensive analysis, the company purchased prepackaged software and assigned three programmers to modify it to meet its individual circumstances and processes.  After six months of work, during final testing, the company told them to stop all work until further notice.  While reading the software vendor’s sales agreement, the manufacturing manager found a clause stating that the software could not be changed without the prior written consent of the vendor.  The firm had to pay the software vendor an additional fee so it could use the modified software in its manufacturing process.  Which aspect(s) of feasibility did the manufacturing firm failed to consider prior to purchasing the software.</para></problem>

20.9    Ajax Manufacturing installed a new bar code based inventory tracking system in its warehouse.  To close the books each month on a timely basis, the six people who work in the warehouse must scan each item in a 36-hour period while still performing their normal duties.  During certain months, when inventory expands to meet seasonal demands, the scan takes as many as 30 hours to complete.  In addition, the scanners do not accurately record some inventory items that require low operating temperatures.  A recent audit brought to management’s attention that the inventory records are not always accurate.  Which aspect(s) of feasibility did Ajax fail to consider prior to installing the inventory tracking system.</para></problem>
20.1  How do you get a grizzled veteran police officer who is used to filling out paper forms to use a computer to process his arrests and casework—especially when he has little or no experience using a computer? That was the problem facing the Chicago Police Department when it decided to implement a relational database system. The system is capable of churning through massive amounts of data to give officers the information they need to fight crime more effectively.

         Initially, the department rolled out the case component of the CLEAR (Citizen Law Enforcement Analysis and Reporting) system that provided criminal history and arrest records. The officers hated it, complaining that the system was not user-friendly, that approval from supervisors was complex and involved multiple screens, and that they did not feel properly trained on the system. After listening to the officers’ complaints for a year, the department clearly had to do something. (Adapted from Todd Datz, “No Small Change,” CIO (February 15, 2004): 66–72)
a.      Identify as many system analysis and design problems as you can.
1.       b.            What could the department have done differently to prevent the officers’ complaints?
1.       c.             What principles of system analysis and design were violated in this case?
20.2  Mary Smith is the bookkeeper for Dave’s Distributing Company, a distributor of soft drinks and juices. Because the company is rather small, Mary performs all daily accounting tasks herself. Dave, the owner of the company, supervises the warehouse/delivery and front office staff, but he also spends much of his time jogging and skiing.
         For several years, profits were good, and sales grew faster than industry averages. Although the accounting system was working well, bottlers were pressuring Dave to computerize. With a little guidance from a CPA friend and with no mention to Mary, Dave bought a new computer system and some accounting software. Only one day was required to set up the hardware, install the software, and convert the files. The morning the vendor installed the computer system, Mary’s job performance changed dramatically. Although the software company provided two full days of training, Mary resisted learning the new system. As a result, Dave decided she should run both the manual and computer systems for a month to verify the new system’s accuracy.
         Mary continually complained that she lacked the time and expertise to update both systems by herself. She also complained that she did not understand how to use the new computer system. To keep accounts up to date, Dave spent two to three hours a day running the new system himself. Dave found that much of the time spent running the system was devoted to identifying discrepancies between the computer and manual results. When the error was located, it was usually in the manual system. This significantly increased Dave’s confidence in the new system.
         At the end of the month, Dave was ready to scrap the manual system, but Mary said she was not ready. Dave went back to skiing and jogging, and Mary went on with the manual system. When the computer system fell behind, Dave again spent time catching it up. He also worked with Mary to try to help her understand how to operate the computer system.
         Months later, Dave was very frustrated because he was still keeping the computer system up to date and training Mary. He commented, “I’m sure Mary knows how to use the system, but she doesn’t seem to want to. I can do all the accounting work on the computer in two or three hours a day, but she can’t even do it in her normal eight-hour workday. What should I do?”
a.      What do you believe is the real cause of Mary’s resistance to computers?
                  b.   What events may have contributed to the new system’s failure?
c.      In retrospect, how should Dave have handled the accounting system computerization?
d.      At what point in the decision-making process should Mary have been informed?  Should she have had some say in whether the computer was purchased?  If so, what should have been the nature of her input?  If Mary had not agreed with Dave’s decision to acquire the computer, what should Dave have done?
e.      A hard decision must be made regarding Mary.  Significant efforts have been made to train her, but they have been unsuccessful.  What would you recommend at this point?  Should she be fired?  Threatened with the loss of her job?  Moved somewhere else in the business?  Given additional training?
20.3  Wright Company’s information system was developed in stages over the past five years. During the design process, department heads specified the information and reports they needed. By the time development began, new department heads were in place, and they requested additional reports. Reports were discontinued only when requested by a department head. Few reports were discontinued, and a large number are generated each period.

            Management, concerned about the number of reports produced, asked internal auditing to evaluate system effectiveness. They determined that more information was generated than could be used effectively and noted the following reactions:

§  Many departments did not act on reports during peak activity periods. They let them accumulate in the hope of catching up later.
§  Some had so many reports they did not act at all or misused the information.
§  Frequently, no action was taken until another manager needed a decision made. Department heads did not develop a priority system for acting on the information.
§  Department heads often developed information from alternative, independent sources. This was easier than searching the reports for the needed data.
a.      Explain whether each reaction is a functional or dysfunctional behavioral response. 
b.   Recommend procedures to eliminate dysfunctional behavior and prevent its recurrence.
20.4 The controller of Tim’s Travel (TT) is deciding between upgrading the company’s existing computer system or replacing it with a new one. Upgrading the four-year-old system will cost $97,500 and extend its useful life for another seven years. The book value is $19,500, although it would sell for $24,000. Upgrading will eliminate one employee at a salary of $19,400; the new computer will eliminate two employees. Additional annual operating costs are estimated at $15,950 per year. Upgrading is expected to increase profits 3.5% above last year’s level of $553,000.
The BetaTech Company has quoted a price of $224,800 for a new computer with a useful life of seven years. Annual operating costs are estimated to be $14,260. The average processing speed of the new computer is 12% faster than that of other systems in its price range, which would increase TT’s profits by 4.5%.

Tim’s present tax rate is 35%, and the cost of financing (minimum desired rate of return) is 11%. After seven years, the salvage value, net of tax, would be $12,000 for the new computer and $7,500 for the present system. For tax purposes, computers are depreciated over five full years  (six calendar years; a half year the first and last years), and the depreciation percentages are as follows:

Year    Percent (%)
1          20.00
2          32.00
3          19.20
4          11.52
5          11.52
6            5.76
<para>Using a spreadsheet package, prepare an economic feasibility analysis to determine if Tim’s Travel should rehabilitate the old system or purchase the new computer.  As part of the analysis, compute the after-tax cash flows for years 1 through 7 and the payback, NPV, and IRR of each alternative.
20.5.  Rossco is considering the purchase of a new computer with the following estimated costs: initial systems design, $54,000; hardware, $74,000; software, $35,000, one-time initial training, $11,000; system installation, $20,000; and file conversion, $12,000. A net reduction of three employees is expected, with average yearly salaries of $40,000. The system will decrease average yearly inventory by $150,000. Annual operating costs will be $30,000 per year.

         The expected life of the machine is four years, with an estimated salvage value of zero. The effective tax rate is 40%. All computer purchase costs will be depreciated using the straight-line method over its four-year life. Rossco can invest money made available from the reduction in inventory at its cost of capital of 11%. All cash flows, except for the initial investment and start-up costs, are at the end of the year. Assume 365 days in a year.
        
         Use a spreadsheet to perform a feasibility analysis to determine if Rossco should purchase the computer.  Compute the following as part of the analysis: initial investment, after-tax cash flows for years 1 through 4, payback period, net present value, and internal rate of return.
20.6  A recently completed feasibility study to upgrade XYZ’s computer system shows the following benefits. Compensation figures in parentheses include wages, benefits, and payroll taxes.

1.   Production
a.   Market forecasts, which take two $400 person-days a month, will be more accurate with software making the calculations.
b.   Effective inventory control will prevent part stockouts and reduce inventory by $1,000,000. XYZ’s cost of capital is 20%.
c.   Detailed evaluations of plan changes will increase production flexibility, reduce sales losses, and eliminate two clerks ($75,000 each).
2.   Engineering
a.   Computerized updating of bills of material and operations lists will save 40% of an engineer’s ($100,000) and 25% of a clerk’s ($60,000) time.
b.   Computerized calculations of labor allocations, rates, and bonus details will save 40% of a clerk’s ($80,000) time.
3.   Sales. Improved reporting will enable the five-person sales staff to react more quickly to the market, producing a $10,000 per person sales increase.
4.   Marketing. Revised reports and an improved forecasting system will increase net income by $50,000.
5.   Accounting
a.   Quickly determining new product costs will save 30% of the accountant’s ($100,000) time.
b.   An incentive earnings system will save 40% of the payroll clerk’s ($60,000) time.

         <para>As a board member, which of the benefits can you defend as relevant to the system’s cost justification?  Calculate how much XYZ will save with the new system.</para>
         Adapted from the SMAC Exam
20.7  The following list presents specific project activities and their scheduled starting and completion times:
        Activity         Starting Date      Ending Date
A                     Jan. 5               Feb. 9
B                      Jan. 5               Jan. 19
C                      Jan. 26                         Feb. 23
D                     Mar. 2              Mar. 23
E                      Mar. 2              Mar. 16
F                      Feb. 2              Mar. 16
G                     Mar. 30            Apr. 20
H                     Mar. 23            Apr. 27
a.      Using a format similar to that in <link linkend="ch18fig03" preference="0">Figure 18-3<xref linkend="ch18fig03" label="18-3"/></link>, prepare a Gantt chart for this project.  Assume that each activity starts on a Monday and ends on a Friday. 

b.      Assume today is February 16 and activities A and B have been completed, C is half completed, F is a quarter completed, and the other activities have not yet commenced.  Record this information on your Gantt chart.  Is the project behind schedule, on schedule, or ahead of schedule?  Explain. 
c.   Discuss the relative merits of the Gantt chart and PERT as project planning and control tools.
20.8  Recent years have brought an explosive growth in electronic communication. Laptops, netbooks, e-readers, personal digital assistants, sophisticated cell phones, fax machines, e-mail, teleconferencing, office productivity software, and sophisticated management information systems have changed the way information is received, processed, and transmitted. With the decreasing costs of computer equipment and the increasing power of automation, the full impact of computerization has yet to be felt. Although the development of computer applications is directed at being user friendly or user oriented, the integration of computers into the organization has had both positive and negative effects on employees.
a.      Describe the benefits companies and employees receive from electronic communications.
1.       c.             Discuss the organizational impact of introducing new electronic communication systems.
2.      d.            Explain
A.     Why an employee might resist the introduction of electronic communication systems
B.     The steps an organization can take to alleviate this resistance.

20.9  PWR manufactures precision nozzles for fire hoses. Ronald Paige, an engineer, started the corporation and it has experienced steady growth. Reporting to Ronald are six vice presidents representing marketing, production, research and development, information services, finance, and human resources. The information services department was established last year when PWR began developing a new information system consisting of a server connected to each employee’s personal computer. The PCs can download and upload data to the server. PWR is still designing and developing applications for its new system. Ronald received a letter from the external auditor and called a meeting with his vice presidents to review the recommendation that PWR form an information systems steering committee.
                                                                                         
a.      Explain why the auditors would recommend an information systems steering committee and discuss its specific responsibilities.  What advantages can the committee offer PWR?  What advantages can such a steering committee offer PWR?
b.      Identify the PWR managers most likely to serve on the committee.
20.10   Businesses often modify or replace their financial information system to keep pace with their growth and take advantage of improved IT. This requires a substantial time and resource commitment. When an organization changes its AIS, a systems analysis takes place.
a.   Explain the purpose and reasons for surveying an organization’s existing system.
b.   Explain the activities commonly performed during systems analysis.
c.   Systems analysis is often performed by a project team composed of a systems analyst, a management accountant, and other knowledgeable and helpful people.  What is the management accountant’s role in systems analysis?

20.11  Don Richardson, JEM Corporation’s vice president of marketing, is part of a management team that for several months has been discussing plans to develop a new line of business. Rumors about the major organizational changes that may be required to implement the strategic plan have been circulating for months.
         Several employees who are anxious about the expected changes confronted Don. The sales manager said, “It is imperative that we speak to you right away. The employees are very apprehensive about the proposed changes, and their job performance has slacked off.” The accounting manager added, “That’s right. My staff are asking me all sorts of questions about this new line of business, and I don’t have any answers for them. They’re not buying the ‘We will make an official announcement soon’ line any longer. I suspect that some of them are already looking for jobs in case the department changes phase out their positions.”
Implementing organizational change is one of the most demanding assignments an executive faces. It has been suggested that every change requires three steps: unfreezing the current situation, implementing the change, and refreezing the effected change. This view, however, lacks the specific details needed by an operating manager who must initiate the change.
1.       a.            Explain why employees resist organizational change.
b.      Discuss ways JEM Corporation can alleviate employee resistance to change.


20.12   Remnants, Inc., with headquarters in St. Louis, manufactures designer clothing. The company markets and services its products by region, with each functioning as a profit center. Each region has a manager, an accounting department, a human resources department, and several area offices to market and service the products. Each area office has sales, service, and administrative departments whose managers report to an area manager.
                The New York area office departed from the standard organizational structure by establishing a branch office to market and service the firm’s products in Boston. A branch manager who reports directly to the New York area manager heads the local office.
The Boston branch manager is encouraging the New York area manager to consider a new information system to handle the local branch’s growing information needs. The NewYork area manager and the eastern region manager want to establish a project team with employees from the region, area, and branch office. The team will assess the information needs at the Boston branch office and develop system recommendations. The following employees have been appointed to the project team, with Keith Nash as chairperson:
Eastern Region Office
Kurt Johnson, Budget Supervisor
Sally Brown, Training Director

New York Area Office
Keith Nash, Administrative Director
Boston Branch
Heidi Meyer, Branch and Sales Manager
Bobby Roos, Assistant Branch and Service Manager
Joe Gonzalez, Salesperson
Juana Martinez, Serviceperson
a.         P</inst>roject team members contribute their skills to help accomplish a given objective.  Characteristics of group members can influence the functioning and effectiveness of a project team.  Identify some of these characteristics.
b.   Due to the team’s composition, what sources of conflict can you see arising among its members?  Do you think the group will succeed in its objective to develop an information system for the Boston branch office?  Why or why not?
c.   What contribution would a person who holds a position as budget supervisor make in a project team such as this one?
20.13   Managers at some companies face an ongoing systems development crisis: IS departments develop systems that businesses cannot or will not use. At the heart of the problem is a “great divide” that separates the world of business and the world of IS. Few departments seem able or ready to cross this gap.

            One reason for the crisis is that many companies are looking for ways to improve existing, out-of-date systems or to build new ones. Another is the widespread use of PC-based systems that have spawned high user expectations that IS departments are not meeting. Users seek more powerful applications than are available on many older systems.

            The costs of the great divide can be devastating. An East Coast chemical company spent over $1 million on a budgeting and control system that was never used. The systems department’s expertise was technical excellence, not budgets. As a result, the new system completely missed the mark when it came to meeting business needs. A Midwestern bank used an expensive computer-aided software engineering (CASE) tool to develop a system that users ignored because there had been no design planning. A senior analyst for the bank said, “They built the system right; but unfortunately they didn’t build the right system.”

a.         What is the great divide in the systems development process?  What causes the gap?
            b.   What would you suggest to solve this great divide information crisis?  
c.   Discuss the role a systems designer, business manager, and end user can take to narrow the great divide.
      d.   Who plays the most vital role in the effective development of the system?
20.14   <para>Joanne Grey, a senior consultant, and David Young, a junior consultant, are conducting a systems analysis for a client to determine the feasibility of integrating and automating clerical functions. Joanne had previously worked for the client, but David was a recent hire.
The first morning on the job, Joanne directed David to interview a departmental supervisor and learn as much as possible about department operations. David introduced himself and said, “Your company has hired us to study how your department works so we can make recommendations on how to improve its efficiency and lower its cost. I would like to interview you to determine what goes on in your department.”
David questioned the supervisor for 30 minutes but found him to be uncooperative. David gave Joanne an oral report on how the interview went and what he learned about the department.
<para>Describe several flaws in David’s approach to obtaining information.  How should this task have been performed?</para></problem>
</para></problem>
SUGGESTED ANSWERS TO THE CASES
20-1  Audio Visual Corporation (AVC) manufactures and sells visual display equipment. Headquartered in Boston, it has seven sales offices with nearby warehouses that carry its inventory of new equipment and replacement parts. AVC has a departmentalized manufacturing plant with assembly, maintenance, engineering, scheduling, and cost accounting departments as well as several component parts departments.

When management decided to upgrade its AIS, they installed a mainframe at headquarters and local area networks at each sales office. The IS manager and four systems analysts were hired shortly before they integrated the new computer and the existing AIS. The other IS employees have been with the company for years.

During its early years, AVC had a centralized decision-making organization. Top management formulated all plans and directed all operations. As the company expanded, decision making was decentralized, although data processing was highly centralized. Departments coordinated their plans with the corporate office but had the freedom to develop their own sales programs. However, information problems developed, and the IS department was asked to improve the company’s information processing system once the new equipment was installed.

Before acquiring the new computer, the systems analysts studied the existing AIS, identified its weaknesses, and designed applications to solve them. In the 18 months since the new equipment was acquired, the following applications were redesigned or developed: payroll, production scheduling, financial statement preparation, customer billing, raw materials usage, and finished goods inventory. The departments affected by the changes were rarely consulted until the system was operational.

Recently the president stated, “The systems people are doing a good job, and I have complete confidence in their work. I talk to them frequently, and they have encountered no difficulties in doing their work. We paid a lot of money for the new equipment, and the systems people certainly cost enough, but the new equipment and new IS staff should solve all our problems.”

Two additional conversations regarding the new AIS took place.

BILL TAYLOR, IS MANAGER AND JERRY ADAMS, PLANT MANAGER

JERRY: Bill, you’re trying to run my plant for me. I’m the manager, and you keep interfering. I wish you would mind your own business.

BILL: You’ve got a job to do, and so do I. As we analyzed theinformation needed for production scheduling and by top management, we saw where we could improve the workflow. Now that the system is operational, you can’t reroute work and change procedures, because that would destroy the value of the information we’re processing. And while I’m on that subject, we can’t trust the information we’re getting from production. The documents we receive from production contain a lot of errors.

JERRY: I’m responsible for the efficient operation of production. I’m the best judge of production efficiency. The system you installed reduced my workforce and increased the workload of the remaining employees, but it hasn’t improved anything. In fact, it might explain the high error rate in the documents.

BILL: This new computer cost a lot of money, and I’m trying to make sure the company gets its money’s worth.

JERRY ADAMS, PLANT MANAGER AND TERRY WILLIAMS, HUMAN RESOURCES MANAGER

JERRY: My best production assistant, the one I’m grooming to be a supervisor, told me he was thinking of quitting.  When I asked why, he said he didn’t enjoy the work anymore. He’s not the only one who is unhappy. The supervisors and department heads no longer have a voice in establishing production schedules. This new computer system took away the contribution we made to company planning and direction. We’re going back to when top management made all the decisions. I have more production problems now than I ever had. It boils down to my management team’s lack of interest. I know the problem is in my area, but I thought you could help me.

TERRY: I have no recommendations, but I’ve had similar complaints from purchasing and shipping. We should explore your concerns during tomorrow’s plant management meeting.       Adapted from the CMA Examination

<para><emphasis role="strong">Evaluate the preceding information, and answer the following questions:</emphasis></para>
1.      Identify the problems the new computer system created </inst> and discuss what caused them.
2.      How could AVC have avoided the problems?  How can they prevent them in the future?


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