Tag: application of computerised accounting system

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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

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.

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 computer accounting system is based on the concept of ______.

  1. Software

  2. Hardware

  3. Data processing

  4. Database
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Accounting software is used to implement a computerised accounting  system. The computer accounting system is based on the concept of databases. It does away with the concept of creating and maintaining journals, ledger, 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

Which of the following is true statement for computerised accounting system?
a. the computer accounting system is based on the concept of database.
b. Computer accounting system does not away with the concept of creating and maintaining journals, ledger etc.

  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

Accounting software is used to implement a computerised accounting system. The computer accounting system is based on the concept of databases. It does away with the concept of creating and maintaining journals, ledgers, 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

The way computer components are embedded in a computer may ______ from one architecture design to another. 

  1. differ

  2. similar

  3. common

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

The functional components of computer system consist of input unit, central processing unit, Output 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

There are devices which respond to voice and physical touch. A menu layout displayed on a touch ______.

  1. Sensitive

  2. Insensitivie

  3. Magnetic

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

There are devices which respond to voice and physical touch. A menu layout is displayed on a touch sensitive screen. Whenever user touches a menu item on touch-screen, the computer senses which particular menu item has been touched and accordingly performs the operation associated with that menu item.

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 an example of "Instant reports for management" feature provided by computerised accounting system?

  1. Aging Statement

  2. Bank Reconciliation Statement

  3. Journal

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

The examples of feature "Instant reports for management" provided by computerised accounting system are as follows: Aging Statement, Trial Balance, Trading and Profit and Loss Account, Balance Sheet, Stock Valuation, Value Added Tax (VAT), Returns, Payroll Report, etc.