In the context of CAS, what does 'Procedure' refer to?
Answer & explanation
Correct answer: option 3
The correct answer is option 3- A logical sequence of actions to perform a task.
The Computerized Accounting System (CAS) has the following components. These are the five pillars on which Computerized Accounting System rests.
Procedure : A logical sequence of actions to perform a task.
Data : The raw fact (as input) for any business application.
People : Users.
Hardware : Computer, associated peripherals, and their network.
Software : System software and Application software.