Computers can be used in accounting in different number of ways: Sol:

Related MCQs

• 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.
• Accounting procedures and accounting practices should remain same from year to year under which of the following accounting principles:
• Computer Accounting System is used for recording the financial transaction. Sol:
• General rules that are used as a guide in accounting and as a basis of accounting practices are called:
• What are the features of a computerized accounting system? Sol:
• What is not an advantage of a computerized accounting system. Sol:
• What are the types of a computerized accounting system? Sol:
• What are the factors to be considered while source accounting software? Sol:
• Ram want to install a computerised accounting system but his budget is low. Which software he should opt for Sol:
• What are the features of computerized accounting software? Sol: