Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Overview of Computerised Accounting System

Question:

Which of the following is an example of sequential code'?

Options:

Using code "CL001" for "Accounts of XYZ Ltd"

Using code "100-199" for "Dealers of small pumps"

Using code "SJ" for "Accounts of "Sales Journal"

Using code "HQ" for "Accounts of "Headquarters"

Correct Answer:

Using code "CL001" for "Accounts of XYZ Ltd"

Explanation:

The correct answer is option 1- Using code "CL001" for "Accounts of XYZ Ltd".

The term "sequential code" refers to a coding system where the codes follow a sequential order or a numerical sequence, often indicating an incremental pattern. Using code "CL001" for "Accounts of XYZ Ltd"  is an example of a sequential code because the numerical part "001" suggests a sequence (e.g., CL001, CL002, CL003, etc.). Thus, the correct answer is Option 1.