Practicing Success
The components of Computerised Accounting system are : |
Data, Report, Ledger, Hardware, Software Data, People, Procedure, Hardware, Software People, Procedure,Ledger, Data, Chart of Accounts Data, Coding, Procedure, rules, output |
Data, People, Procedure, Hardware, Software |
The correct answer is option (2) : Data, People, Procedure, Hardware, Software. Computerised Accounting System refers to the processing of accounting transaction through the use of hardware and software in order to produce accounting records and reports. CAS takes accounting transactions as inputs that are processed through Accounting Software to generate the reports. The Computerized Accounting System (CAS) has the following components: |