Accounting systems - manual and computerized - class-XI
| Description: accounting systems - manual and computerized | |
| Number of Questions: 17 | |
| Created by: Naresh Verma | |
| Tags: accountancy elements of accounts computer in accounting computers and accounting computerised accounting system - tally computerised accounting computerised accounting system commercial studies meaning, objectives and terminology of accounting |
The preparation of financial statements pre-supposes the availability of trial balance in ________ system of accounting.
The danger of the system crashing due to hardware failures and the subsequent loss of work is a serious ___________ of computerised accounting system.
___________ is a well-defined procedure blended suitably with the operating environment of the organisation.
An interactive link or a dialog between the user and database-oriented software through which the user communicates to the back-end database is ___________________.
____________by definition, is the process of identifying, recording, classifying and summarising financial transactions to produce the financial reports for their ultimate analysis.
Transactions lead to data duplication in __________ accounting system.
A computerised accounting system is an accounting information system that processes the ______ to produce reports as per user requirements.
________, one of the advantage of computerised accounting system, allows the users to store data in a manner that does not require a large amount of physical space.
In a manual accounting system, ___________ are made to adhere to the principle of cost matching revenue, whereas in computerised accounting system _________ are prepared and stored to follow the principle of cost matching revenue.
The internet has assisted in decreasing the ______ in issuing financial reports to users.
State whether the following statement are True or False:
Computer Accounting System is used for recording the financial transaction.
State whether the following statement are True or False:
Computer Accounts System is Single entry as well as Double entry system.
When computer programme or files can be accessed from terminals, access can be limited to authorized individuals by ________.
To avoid invalid data input, a bank added an extra number at the end of each account number and subjected the new number to an algorithm. This techniques is known as _________.
Which of the following activities would most likely be performed by EDP department?
General controls will be ineffective when EDP department.
Which of the following statement is not distinguishing feature for computer based processing and manual processing?