Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Overview of Computerised Accounting System

Question:

What is one major advantage of CAS related to report generation?

Options:

Reports are only available at year-end

Reports must be handwritten

Timely generation of reports in the desired format

Reports are not customizable

Correct Answer:

Timely generation of reports in the desired format

Explanation:

The correct answer is option 3- Timely generation of reports in the desired format.

Following are the advantages of Computerised Accounting System (CAS):

  • 1. Timely generation of reports and information in desired format.
  • 2. Efficient record keeping.
  • 3. Ensures effective control over the system.
  • 4. Economy in the processing of accounting data.
  • 5. Confidentiality of data is maintained.