Question : Computer enables a business to access the information that helps in _______.
Option 1: decision making
Option 2: earning profit
Option 3: Both 1 and 2
Option 4: None of these
Correct Answer: decision making
Solution : Computers enables a business to access information that helps in decision making. Hence the correct option is 1.
Question : Usage of _______ and ____ enables a business to quickly, accurately and timely process the information that helps in decision making.
Option 1: computers
Option 2: information technology
Option 3: both 1 and 2
Option 4: none of these
Question : What is a password?
Option 1: a key to allow access to the system
Option 2: a key to deny access to the system
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 : The profit and loss appropriation account is prepared by
Option 1: Sole trader firm
Option 2: Partnership firm
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