Question : What do you mean by accounting package?
Option 1: Accounting Package not only provides for quicker data entry but also does data analysis and generates reports much more quickly than manual techniques.
Option 2: A computerised accounting system is made up of a collection of programmes called an accounting package.
Option 3: The process of recording, classifying, and transforming data into meaningful information is known as accounting package.
Option 4: None of the above
Correct Answer: A computerised accounting system is made up of a collection of programmes called an accounting package.
Solution : Computerized accounting systems are computer programmes that may be accessed remotely via the Internet, a network server, or a company's PC. You can create income and expense accounts using computerised accounting systems, including ones for rental or sales revenue, salaries, advertising charges, and material prices.
Hence the correct answer is option 2.
Question : The computerised accounting system refers to -
Option 1: Printing of Balance sheet and Profit and loss accounts using computer
Option 2: Processing of accounting transaction through computer and produce reports and records
Option 3: Processing of accounting related data and priting reports
Question : What are the advantages of computerised accounting system?
Option 1: Preparation of Organization Manual
Option 2: Appointment and Training of Employees
Option 3: Preparation of Various Forms and Reports
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
Question : Choose the correct form of adjective for the given sentence:
Sohan returned his loan ………. than he had expected.
Option 1: quickly
Option 2: more quicker
Option 3: more quickly
Option 4: quicker
Question : When any manual accounting system is transformed into a computerised accounting system, what do the employees of an orgnisation undertake?
Option 1: Resist the change
Option 2: Accept the change
Option 3: Do nothing
Option 4: Take training
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