Accountancy Part COverview of Computerised Accounting System

Identify the term that refers to the processing of accounting transac…

Identify the term that refers to the processing of accounting transaction through the use of hardware and software in order to produce accounting records and reports.

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → CAS

A Computerised Accounting System (CAS) processes accounting transactions with hardware and software to produce accounting records and reports.

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.”