Class 11 Accountancy - Chapter Computerised Accounting System NCERT Solutions | Discuss the advantages of computerised a
Discuss the advantages of computerised accounting system over the manual accounting system.
Advantages are:
- Faster and efficient in processing of information.
- Automatic generation of accounting documents like invoices, cheques and statement of account.
- With the larger reductions in the cost of hardware and software and availability of user-friendly accounting software package, it is relatively cheaper like maintaining a manual accounting system.
- More timely information can be produced.
- No more manual processing of the data- all automatically posted to the various ledgers/accounts.
- Many types of useful reports can be generated for management to make decisions.
More Questions From Class 11 Accountancy - Chapter Computerised Accounting System
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Describe the various types of accounting software along with their advantages and limitations.
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State the four basic requirements of a database applications.
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‘Computerised Accounting Systems are best form of accounting system’. Do you agree? Comment.
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Name the various categories of accounting package.
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Define a computerised accounting system. Distinguish between a manual and computerised accounting system.
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Database is implemented using ........
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A sequence of actions taken to transform the data into decision useful information is called.......
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‘Accounting software is an integral part of the computerised accounting system’ Explain. Briefly list the generic considerations before sourcing an accounting software.
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The framework of storage and processing of data is called as ........
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Give examples of two types of operating systems.
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