Accountancy Part COverview of Computerised Accounting System

"Processing of accounting transactions through the use of hardware an…

"Processing of accounting transactions through the use of hardware and software in order to produce accounting records and reports" is called ____________.

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → Computerized accounting system

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.”