Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Overview of Computerised Accounting System

Question:

The feature of CAS that ensures better planning and access to vital information, leading to improved daily business operations, is:

Options:

Reliability

Transparency and Control

Accuracy and Speed

Scalability

Correct Answer:

Transparency and Control

Explanation:

The correct answer is option 2- Transparency and Control.

Transparency and Control feature of CAS that ensures better planning and access to vital information, leading to improved daily business operations.

TRANSPARENCY AND CONTROL- CAS provides sufficient time to plan, increases data accessibility and enhances user satisfaction. With computerised accounting, the organisation will have greater transparency for day-to-day business operations and access to the vital information. 

 

OTHER OPTIONS

  • ACCURACY AND SPEED- CAS provides user -definable templates (data entry screens or forms) for fast, accurate data entry of the transactions. It also helps in generalising desired documents and reports.
  • SCALABILITY- CAS enables in changing the volume of data processing in tune with the change in the size of the business. The software can be used for any size of the business and type of the organisation.
  • RELIABILITY- CAS makes sure that the generalised critical financial information is accurate, controlled and secured.