Question : The __________ is traditionally the most popular method of keeping records of financial transactions of any organization.

Option 1: manual system of accounting

Option 2: computerized system of accounting

Option 3: both 1 and 2

Option 4: None of these

Question : Computerized accounting system has the following components _______.

Option 1: procedure, data, people, hardware and software

Option 2: procedure, data, people, hardware and intranet

Option 3: procedure, data, people, extranet and software

Option 4: None of the above

Question : CAS (Computerized Accounting System) is designed to:

Option 1: automate

Option 2: integrate

Option 3: both 1 and 2

Option 4: None of these

Question : The computerised accounting system refers to - 

Option 1: Printing of Balance sheet and Profit and loss accounts using computer

Option 2: Processing of accounting transaction through computer and produce reports and records

Option 3: Processing of accounting related data and priting reports

Option 4: None of the above

Question : With __________ accounting the organisation have greater transparency.

Option 1: Computerized accounting

Option 2: Manual accounting

Option 3: Both 1 and 2

Option 4: None of the above