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.
A) Only a
B) Only b
C) Both a and b
D) None of the above
Correct Answer:
Verified
Q13: The CAS should be
A)Simple and integrated, transparent,
Q14: A computer is an electric device
A)True
B)False
C)none
D)all
Q15: Control unit works as _ of the
Q16: Accounting standards issued by ICAI are mandatory
Q17: Computer Accounting System is used for recording
Q19: Opening an account in a computerized accounting
Q20: Creation of company is the first step
Q21: Application softwares
A)Can operate on its own
B)Cannot operate
Q22: Accounting software requires
A)Transactions to be entered once
B)Transactions
Q23: Accounting softwares available are
A)Readymade or off-the-shelf software
B)Tailor-made
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