Question : How do the identification and recording of adjustment entries post under computerised accounting system?
Option 1: manually
Option 2: computer
Option 3: Both 1 and 2
Option 4: None of these
Correct Answer: computer
Solution : The identification and recording of adjustment entries are posted using a computer under computerised accounting system. Hence, the correct option is 2.
Question : Under Computerised Accounting System, financial statements are generated from the _________ itself.
Option 1: software
Option 2: manual
Question : CAS (Computerized Accounting System) is designed to:
Option 1: automate
Option 2: integrate
Option 3: both 1 and 2
Question : Computerized accounting system refers to the processing of accounting transactions through the use of ______.
Option 1: hardware
Option 2: software
Option 4: none of these
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
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
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