CUET Preparation Today
What is one major benefit of using computers in modern business accounting? |
Reduces the need for employees Increases paper usage Enables quick, accurate, and timely access to information Eliminates the need for decision-making |
Enables quick, accurate, and timely access to information |
The correct answer is option 3- Enables quick, accurate, and timely access to information. In modern business accounting transactions are processed through computers. Usage of computers and Information Technology (IT) enables a business to quickly, accurately and timely access the information that helps in decision-making. This sharpens the competitive edge and enhances profitability. The computer systems works with the data which is processed by the hardware commanded by the user through software. |
