Tag: accountancy

Questions Related to accountancy

The trial balance is generated using the _______ view method.

  1. review

  2. data

  3. design

  4. view


Correct Option: C

_______ are the object class which allows the designer to create an appropriate user interface to formally interact with the back end database, defined by the tables and queries.

  1. Forms

  2. Reports

  3. Pages

  4. Macros


Correct Option: A

The report design prepared is saved as __________ by design.

  1. balance sheet

  2. profit and loss

  3. trial balance

  4. both a and b


Correct Option: C

The series, to find the total amount by which the accounts have been debited is used in database design for ________.

  1. Model-I

  2. Model-II

  3. Model-III

  4. Model-IV


Correct Option: A

Selecting reports from objects list provided by LHS of Database Window and clicking at New object button of tool bar is step ___ in procedure in access for designing a simple.

  1. 1

  2. 2

  3. 3

  4. 4


Correct Option: A

____________ refers to some aspect of real world situation, for which database is to be designed.

  1. ER Design

  2. Reality

  3. Relational Data Model

  4. Normalisation


Correct Option: B
Explanation:

Reality refers to some aspect of real world situation, for which database is to be designed. In the context of accounting, it is an accounting reality that is to be expressed with complete description.

The data storage structures are also called as _________.

  1. Database

  2. Data processing

  3. Data tables

  4. Data storage


Correct Option: C
Explanation:

The data storage structure are also called as data tables, which are created as a part of structuring database for accounting.

A process of refining a database design through which the possibility of duplicate or redundant data items are reduced or eliminated is _______.

  1. ER design

  2. Refinement

  3. Reality

  4. Normalisation


Correct Option: D
Explanation:

Normalisation is a process of refining a database design through which the possibility of duplicate or redundant data items are reduced or eliminated.

The steps required in data processing cycle, when thought of in the context of accounting are _____________________.

  1. Data capturing, Source documents, Data storage, Generating and Input of data.

  2. Source documents, Input of data, Data storage, Manipulation of data and Output of data.

  3. Source documents, Data capturing, Collecting, Manipulation of data and Interpreting.

  4. None of the above


Correct Option: B
Explanation:

Data processing cycle, when thought of in the context of accounting, requires a series of steps that are source documents, input of data, data storage, manipulation of data and output of data.

Accounting transactions of an organisation are documented using a _________.

  1. Bill

  2. Invoice

  3. Voucher

  4. None of these


Correct Option: C
Explanation:

The first step to capture accounting data from transaction(s) so as to prepare a document, is called voucher that expresses and document an accounting transaction.