Question : What are mnemonic codes?

Option 1: consists of alphabets or abbreviations as symbols to codify a piece of information

Option 2: consists of numbers as symbols to codify a piece of information

Option 3: Both 1 and 2

Option 4: None of these

Question : In sequential code, ___________ are assigned in consecutive order.

Option 1: numbers

Option 2: letters

Option 3: Both 1 and 2

Option 4: None of these

Question : The transaction is a record of ___________ of resources.

Option 1: inflow

Option 2: outflow

Option 3: Both 1 and 2

Option 4: None of these

Question : Under Computerised Accounting System, financial statements are generated from the _________ itself.

Option 1: software

Option 2: manual

Option 3: Both 1 and 2

Option 4: None of these

Question : What are the main cell references in a spreadsheet?

Option 1: Absolute referencing

Option 2: Relative referencing

Option 3: Both 1 and 2

Option 4: None of these