Question : Shyam wants to install a computerised accounting software but his budget is low. which software he should opt for -
Option 1: Customized Software
Option 2: Ready to use Software
Option 3: Tailor-made Software
Option 4: He can buy any of above
Correct Answer: Ready to use Software
Solution : Software that is ready to use or ready-made. Software of this sort is easily accessible on the market and comes with predetermined and common features. Small-scale businesses, where there aren't a lot of transactions, typically utilise this accounting software. Its installation and upkeep are similarly inexpensive.
Hence the correct answer is option 2.
Question : If an organisation want to develop a computerised accounting system according to its need as the business of organisation is complex. Which software it should opt for -
Option 1: Ready to use Software
Option 2: Customized Software
Option 4: Any of above
Question : Among the following, which ready to use accounting software package is available in today's market?
Option 1: Tally
Option 2: E.X.
Option 3: Busy
Option 4: All of the Above
Question : What are the features of computerised accounting software?
Option 1: storage of accounting data and on-line input
Option 2: instantly produces different reports
Option 3: group different account
Option 4: All of the above
Question : The components of computerised accounting system are -
Option 1: Data, Report, Ledger, software, Hardware
Option 2: Software, Hardware, People
Option 3: Data, Coding, Procedure, Objective, Output
Option 4: People, Procedure, Hard ware, software
Question : What is/are the applications of computerised accounting systems?
Option 1: To maintain Accounting Record of large organisations is Possible
Option 2: Separate Payroll Accounting is Possible
Option 3: Automation of All Financial Accounts
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