Question : With computerized accounting, the organisation will have greater transparency for day-to-day business operations and access to vital information. This feature is known as:
Option 1: Transparency and control
Option 2: Accuracy and speed
Option 3: Scalability
Option 4: Reliability
Correct Answer: Transparency and control
Solution : With computerized accounting, the organisation will have greater transparency for day-to-day business operations and access to vital information. This feature is known as transparency and control. Hence, the correct option is 1.
Question : Computer Accounting Software (CAS) can be used for any size of business and type of organization. This feature is known as ____________.
Option 1: Simple and integrated
Option 2: Transparency
Option 3: Accuracy and speed
Option 4: Scalability
Question : What are the salient features of Computerized Accounting System?
Option 1: Simple and Integrated
Option 2: Transparency and Control
Option 3: Accuracy and Speed
Option 4: All of the above
Question : What is/are the features of computerised accounting environment?
Option 2: Accuracy & Speed
Question : What ate the reports that computerized accounting software takes into consideration as input through Accounting Software?
Option 1: Day books/journals
Option 2: ledger
Option 3: trial balance, position statement (Balance Sheet) and Statement of Profit and Loss (Profit and Loss Account)
Question : Under computerized system of accounting, MIS stands for
Option 1: Management Information System
Option 2: Management Invoices System
Option 3: Management Information Sources
Option 4: None of the above
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