Accountancy Part COverview of Computerised Accounting System

The components of Computerised Accounting system are :

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → Data, People, Procedure, Hardware, Software

A ledger, reports, a chart of accounts, codes and rules are things the system works with or produces, not its components.

NCERT (2026-27 edition):
Exercises

Extract from the NCERT textbook

NCERT (2026-27 edition):
Answers

Extract from the NCERT textbook

NCERT (2026-27 edition):
Introduction – “… The Computerised Accounting System (CAS) has the following components: Procedure : A logical sequence of actions to perform a task. Data : The raw fact (as input) for any business application. People : Users. Hardware : Computer, associated peripherals, and their network. Software : System software and Application software. These are the five pillars on which Computerised Accounting System rests.”