Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Overview of Computerised Accounting System

Question:
Which of the following does the computerized accounting system refer to?
Options:
Printing of Balance Sheet and Profit and Loss Accounts using computer.
Processing of accounting transaction through computer and produce records and reports.
Processing of accounting related data and printing reports.
deals with generation and processing of reports that are vital for management decision-making.
Correct Answer:
Processing of accounting transaction through computer and produce records and reports.
Explanation:
Computerized accounting system refers to processing of accounting transaction through computer and produce records and reports.