Meaning and importance of computerised accounting system - class-XII
| Description: meaning and importance of computerised accounting system | |
| Number of Questions: 26 | |
| Created by: Preeti Dasgupta | |
| Tags: commercial studies meaning, objectives and terminology of accounting elements of accounts accountancy computer in accounting computers and accounting computerised accounting system computerised accounting system - tally computerised 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?
The computerised accounting system are ________.
Which of the following is not a function of generalized audit software?
Which of the following has helped to eliminate the use of stock certificates by placing stock transactions on computers?
Which of the following is not an advantage of a computerized accounting system?
A, the Works Manager, gets 5% commission of net
profits after charging his commission and Bs commission. B, the General Manager,
gets 10% commission on the net profits after charging his commission and As
commission. If the profit before charging commission of A and B is 1,000, the commission of A will be:
Which of the following is not an advantage of introducing computerized accounting systems?
_________ is not an advantage of computerised accounting system.
___________ is one of the four basic requirements under use of computers in any database oriented application, where an integrated set of objects constitute the report.
The identification of transactions, based on application of accounting principles is common to _________ accounting system.