Practicing Success
Which one of the following is not the component of Computerized Accounting System? |
Procedure Report People Software |
Report |
The correct answer is Option (2) → Report. 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. CAS takes accounting transactions as inputs that are processed through Accounting Software to generate the reports. The Computerized Accounting System (CAS) has the following components: |