Question : Computerized accounting system refers to the processing of accounting transactions through the use of ______.
Option 1: hardware
Option 2: software
Option 3: both 1 and 2
Option 4: none of these
Correct Answer: both 1 and 2
Solution : Computerized accounting system refers to the processing of accounting transactions through the use of hardware and software in order to produce accounting records and reports . Hence, the correct option is 3.