Question : What are the factors to be considered while source accounting software?

Option 1: Flexibility

Option 2: Adaptability

Option 3: Interest of management

Option 4: Both 1 & 2

Question : Statement 1: In management accounting, data from cost accounting and financial accounting are both used.
Statement 2: Therefore, a suitable system is required to combine cost accounts and financial accounts.

Option 1: Both the statements are true

Option 2: Both the statements are false

Option 3: Statement 1 is true and statement 2 is false

Option 4: Statement 1 is false and statement 2 is true

Question : What is/are the features of computerised accounting environment?

Option 1: Simple and Integrated

Option 2: Accuracy & Speed

Option 3: Scalability

Option 4: All of the above

Question : What are the features of computerised accounting software?

Option 1: storage of accounting data and on-line input

Option 2: instantly produces different reports

Option 3: group different account

Option 4: All of the above

Question : The components of computerised accounting system are -

Option 1: Data, Report, Ledger, software, Hardware

Option 2: Software, Hardware, People

Option 3: Data, Coding, Procedure, Objective, Output

Option 4: People, Procedure, Hard ware, software