Question : What is/are the applications of computerised accounting systems?
Option 1: To maintain Accounting Record of large organisations is Possible
Option 2: Separate Payroll Accounting is Possible
Option 3: Automation of All Financial Accounts
Option 4: All of the above
Correct Answer: All of the above
Solution : Following are the applications of computerised accounting systems: 1. To maintain Accounting Record of large organisations is Possible, 2. Separate Payroll Accounting is Possible, 3. Automation of All Financial Accounts, 4. Graphic Presentation of Accounting Results, 5. Updates are fast, and 6. Best Inventory Control. Hence, the correct option is 4.
Question : What is/are the features of computerised accounting environment?
Option 1: Simple and Integrated
Option 2: Accuracy & Speed
Option 3: Scalability
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
Option 4: None 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 : What is/are the features of an accounting computerised system?
Option 1: Data Security
Option 2: Improved Reporting
Option 3: Accuracy and Speed
Question : There are various applications of spreadsheet in accounting. What are they?
Option 1: Text and Nunmber in accounting
Option 2: Calculation of Expense
Option 3: Calculation of income
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