Top 50+ Solved Software Used in Accounting MCQ Questions Answer
Q. This software is a package which is used for managing the entire organisation in acomprehensive.
a. Enterprise Resource Planning software
b. Pre-packaged accounting software
c. Spreadsheet software
d. Customised accounting packages
Q. Such kind of software offers various functionalities such as cell content, pivot table,formulas and macros.
a. Enterprise Resource Planning software
b. Pre-packaged accounting software
c. Spreadsheet software
d. Customised accounting packages
Q. The software may also allow for graphical rendering of data, which is useful for carryingout analysis.Sol:
a. Enterprise Resource Planning software
b. Spreadsheet software
c. Pre-packaged accounting software
d. Customised accounting packages
Q. This is the kind of software which is specifically designed for meeting the requirements ofa particular business.Sol:
a. Enterprise Resource Planning software
b. Customised accounting packages
c. Pre-packaged accounting software
d. Spreadsheet software
Q. The components of Computerised Accounting System are :Sol:
a. Data, Report, Ledger, Hardware, Software
b. Data, People, Procedure, Hardware, Software
c. People, Procedure, Ledger, Data, Chart of Accounts
d. Data, Coding, Procedure, Rules, Output
Q. The Computerised Accounting System refers to :Sol:
a. Printing of Balance Sheet and Profit and Loss Accounts using computer
b. Processing of accounting transaction through computer and produce records and reports
c. Processing of accounting related data and printing reports
d. None of the above
Q. The components of Computerised Accounting System refers to :
a. Business transactions are analysed, transactions recorded, prepare trial balance, preparation of balance sheet and profit and loss account
b. From data entry to preparation of final statements
c. Transformation of manual accounting system to CAS
d. None of the above
Q. The CAS should beSol:
a. Simple and integrated, transparent, accurate, scalability, reliability
b. Complex, Accurate, Transparent, Faster to work
c. Able to transform the manual accounting system to computerised accounting system
d. None of the above.
Q. Computer Accounting System is used for recording the financial transaction.Sol:
a. True
b. False
c. none
d. all
Q. Which of the following is true statement for computerised accounting system? a. the computer accounting system is based on the concept of database. b. Computer accounting system does not away with the concept of creating and maintaining journals, ledger etc.
a. Only a
b. Only b
c. Both a and b
d. None of the above
Q. Opening an account in a computerized accounting system is entirely different from opening an account in a manual system.
a. True
b. False
c. none
d. all