Accountancy Part COverview of Computerised Accounting System

The computerized Accounting System refers to:

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → Processing of Accounting related transactions and produce Records and Reports

NCERT (2026-27 edition):
Computerised Accounting System – “… 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.”