The components of Computerised Accounting System refer to:

The correct answer is Option (1) → Business transactions are analysed, transactions recorded, Prepare Trial Balance, Preparation of Balance Sheet and Profit & Loss Account

Under the heading Components of CAS, the book lists the phases of the accounting cycle that a computerised system carries out: transactions are analysed and recorded, a trial balance is prepared, and the balance sheet and profit and loss account are drawn up.

Option (2) From data entry to preparation of Final Statements — Incorrect. It names only the two ends and leaves out the steps in between.

Option (3) Transformation of manual accounting system to CAS — Incorrect. That describes a change-over, not the components.

Option (4) Codification of Accounts — Incorrect. Coding is one feature used in CAS, not its components.