Tag: elements of accounts

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Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

Computer systems as on date do not possess any _______.

  1. Commonsense

  2. Intelligence quotient

  3. Decision

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Computer systems as on date do not possess any commonsense because no full-proof algorithm has been designed to programme common sense. Since computers work according to a stored programme(s), they simply lack of commonsense. 

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

Decision-making is a complex process involving ______, _____, intelligence, wisdom and ability to judge.

  1. commonsense, information

  2. knowledge, IQ

  3. information, knowledge

  4. none of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Decision-making is a complex process involving information, knowledge, intelligence, wisdom and ability to judge. Computers cannot take decisions on their own because they do not possess all essential of decision-making. They can be programmed to take such decisions, which are purely procedure-oriented.

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

Which of the following is the limitation of computer system?

a. Computers cannot take decisions on their own because they do not possess all the essentials of decision-making.
b. Computer system as on date do not possess any common sense because no full-proof algorithm has been designed to programme common sense.

  1. Only a

  2. Only b

  3. Both a and b

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

There are various limitations of computer system i.e. lack of commonsense, zero IQ, lack of decision-making.
Lack of commonsense: Computer systems as on the date do not possess any commonsense because no full-proof algorithm has been designed to programme commonsense. Since computers work according to a stored programme(s).
Zero IQ: Computers are dumb devices with zero intelligence quotient (IQ). They cannot visualize and thinking what exactly to do under a particular situation, unless they have been programmed to tackle that situation. Computers must be directed to perform each and every action. 
Lack of decision-making: Decision-making is a complex process involving information, knowledge, intelligence, wisdom and ability to judge. Computers cannot take decisions on their own because they do not possess all essential of decision-making. They can be programmed to take such decisions, which are purely procedure-oriented.

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

Which of the following is the advantage of computer system?

a. Accuracy is the degree of exactness with which computations are made and operations are performed.
b. Computer are dumb devices with zero IQ.

  1. Only a

  2. Only b

  3. Both a and b

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A computer system possesses some characteristics which, in comparison to human beings, turn out to be its capabilities. Some of the advantages of computers system are: 1) Speed, 2) Accuracy, 3) Versatility, 4) Reliability, 5) Storage etc.
There are also some limitations of computer system which are: 1) Lack of commonsense, 2) Zero IQ, 3) lack of decision-making.

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

Computers are dumb devices with ______. 

  1. Lack of commonsense

  2. Lack of decision-making

  3. Zero IQ

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Computers are dumb devices with zero intelligence quotient (IQ). They cannot visualize and thinking what exactly to do under a particular situation, unless they have been programmed to tackle that situation. Computers must be directed to perform each and every action. 

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

Which of the following are the input devices used for computer system?

  1. Mouse, Keyboard, Magnetic tape, Speaker

  2. Mouse, Keyboard, Magnetic tape, Magnetic disk

  3. Mouse, Keyboard, Printer, Magnetic disk

  4. Mouse, Keyboard, Printer, Speaker
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Input unit controls various input devices which are used for entering data into the computer system. Keyboard and mouse, for instance, are the most commonly used input device. Other such devices are magnetic tape, magnetic disk, light pen, optical scanner etc.

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

______ unit controls various devices which are used for entering data into the computer system.

  1. CPU

  2. Output

  3. Input

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Input unit controls various input devices which are used for entering data into the computer system. Keyboard and mouse, for instance, are the most commonly used input device.

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

The functional component of computer system consists of _____________.

  1. Input Unit, Central Processing Unit, Output Unit

  2. Input Unit, Output Unit, Mouse

  3. Input Unit, Central Processing Unit, Keyboard

  4. Input Unit, Central Processing Unit, Output Unit, Keyboard, Mouse
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The functional components of computer system consist of input unit, output unit, central processing unit. The way these components are embedded in a computer may differ from one architectural design to another, yet all of them constitute the essential building blocks of a computer system.

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

_______ cannot visualize and think what exactly to do under a particular situation, unless they have been programmed to tackle that situation.

  1. Computers

  2. Software

  3. Hardware

  4. Programme
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Computers are dumb devices with zero IQ. They cannot visualize and think what exactly to do under a particular situation, unless they have been programmed to tackle that situation. computers must be directed to perform each and every action, however, minute it may be.

Multiple choice elements of accounts applications of computers in accounting introduction to computer and accounting information system meaning of computerised accounting system application of computerised accounting system

Which of the following is the feature of computerised accounting system?
a. Online input and storage of accounting data.
b. Printout of purchase and sales invoices.

  1. Only a

  2. Only b

  3. Both a and b

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The computer accounting system is based on the concept of databases. Typically computerised accounting system offers the following features:
1) Online input and storage of accounting data.
2) Printout of purchase and sales invoices.
3) Logical scheme for codification of accounts and transactions. Every account and transaction is assigned a unique code.
4) Grouping of accounts is done from the very beginning.
5) Instant reports for management.