Question : With computerized accounting, the organisation will have greater transparency for day-to-day business operations and access to vital information. This feature is known as:

Option 1: Transparency and control

Option 2: Accuracy and speed

Option 3: Scalability

Option 4: Reliability

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 refers to the processing of accounting transactions through the use of ______.

Option 1: hardware

Option 2: software

Option 3: both 1 and 2

Option 4: none of these

Question : What are the salient features of Computerized Accounting System?

Option 1: Simple and Integrated

Option 2: Transparency and Control

Option 3: Accuracy and Speed

Option 4: All 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