Question : Shyam wants to install a computerised accounting software but his budget is low. which software he should opt for -

Option 1: Customized Software

Option 2: Ready to use Software

Option 3: Tailor-made Software

Option 4: He can buy any of above

Question : If an organisation want to develop a computerised accounting system according to its need as the business of organisation is complex. Which software it should opt for -

Option 1: Ready to use Software

Option 2: Customized Software

Option 3: Tailor-made Software

Option 4: Any of 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

Option 4: All of the above

Question : What are the features of Computer Accounting Software (CAS)?

Option 1: Password Security

Option 2: Data Audit

Option 3: Data Vault

Option 4: All of the above

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)

Option 4: All of the above