CBSE Questions for Class 11 Commerce Accountancy Computerised Accounting System Quiz 1 - MCQExams.com

The following is not a limitation of computerized accounting system________.
  • Staff Opposition
  • Disruption
  • Reliability
  • System Failure
Which of the following softwares are used for data processing?
(i) EXCEL (ii) ACCESS (iii) SPSS (iv) STAR (v) PASW.
  • (iii) and (iv)
  • (i), (ii), (iv) and (v)
  • (ii), (iii), (iv) and (v)
  • (i), (iii) and (iv)
____________by definition, is the process of identifying, recording, classifying and summarising financial transactions to produce the financial reports for their ultimate analysis.
  • Cost accounting
  • Accounting
  • Management accounting
  • Financial accounting
_________ is not an advantage of computerised accounting system.
  • Speed
  • Cost of Training
  • Accuracy
  • Up-to-Date Information
Transactions lead to data duplication in __________ accounting system.
  • Computerised
  • Manual
  • Both manual and computerised
  • None of these
The computerised accounting system are ________.
  • Scalable
  • Less scalable
  • Highly scalable
  • None of the Above
The recording of financial transactions through the books of original entries is followed in ________ accounting system.
  • Computerised
  • Manual
  • Both manual and computerised
  • None of these

___________ is the basic requirement which consists a set of principles, coding and grouping structure of accounting.
  • Operating procedure
  • Accounting framework
  • Data processing
  • Back-end database
In a manual accounting system, ___________ are made to adhere to the principle of cost matching revenue, whereas in computerised accounting system _________ are prepared and stored to follow the principle of cost matching revenue.
  • adjusting entries, journal vouchers
  • journal entries, journal vouchers
  • adjusting entries, journal entries
  • None of these
The identification of transactions, based on application of accounting principles, is common to _________ accounting system.
  • manual
  • computerised
  • Both (a) and (b)
  • None of the above
The cost of installation and maintenance is relatively high because the high cost is to be paid to the vendor for _____. 
  • Recording
  • Customisation
  • Ready-to-use
  • Tailored
Ready-to-use accounting software is suited to organisations running small/conventional business where the frequency or volume of accounting transaction is ________. 
  • very average
  • very high
  • very low
  • very limited
The danger of the system crashing due to hardware failures and the subsequent loss of work is a serious ___________ of computerised accounting system.
  • advantage
  • limitation
  • advantage and limitation
  • None of these
The tailored software is designed to meet the specific requirements of the users and form an important part of the ______.
  • Organisational FIS
  • Organisational MIS
  • Organisational MIE
  • Organisational MES
The preparation of financial statements pre-supposes the availability of trial balance in ________ system of accounting.
  • Computerised
  • Manual
  • Both manual and computerised
  • None of these
___________ is a well-defined procedure blended suitably with the operating environment of the organisation.
  • Accounting Framework
  • Back-end Database
  • Operating Procedure
  • Data Processing
The number of users and their interface in tailored is _____.
  • Limited
  • As per specification
  • Unlimited
  • None of the Above
Secrecy of data and software can be better maintained in a ______ software.
  • Recording
  • Ready-to-use
  • Customised
  • None of the Above
The cost of installation an maintenance for ready-to-use is _____.
  • Relatively high
  • Low
  • High
  • None of the Above
________, one of the advantage of computerised accounting system, allows the users to store data in a manner that does not require a large amount of physical space. 
  • MIS Reports
  • Efficiency
  • Legability
  • Storage and Retrieval
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