Question : CAS provides ________ for fast, accurate data entry of the transactions.
Option 1: user-definable templets
Option 2: user-non definable templets
Option 3: Both 1 and 2
Option 4: None of these
Correct Answer: user-definable templets
Solution : User-definable templates are provided by computerised accounting systems for quick, precise data entry of the transactions. Additionally, it helps in generalising required reports and publications. Hence. the correct option is 1.
Question : CAS provides _________.
Option 1: sufficient time to plan
Option 2: increase data accessibility
Option 3: enhance user satisfaction
Option 4: All of the above
Question : What is the use of data vault?
Option 1: provides additional security through data encryption
Option 2: enables a user to access a system including data
Option 3: enables a user to know who and what changes have been made in the original data
Question : CAS (Computerized Accounting System) is designed to:
Option 1: automate
Option 2: integrate
Option 3: both 1 and 2
Question : Acquisition of fixed asset by issue of debentures or shares is an example of --------------------
Option 1: Non-cash transactions.
Option 2: Cash transactions.
Option 4: None of the above
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