Question : Modern computerised accounting system is based on the concept of database which is implemented using -
Option 1: Management Information System
Option 2: Database Management System
Option 3: Marketing Information System
Option 4: Accounting Information System
Correct Answer: Database Management System
Solution : The idea of a database is the foundation of contemporary computerised accounting systems. A database management system, which is defined by a collection of computer programmes (or software) that properly manage and organise data and give access to the stored data to application programmes, is used to implement databases.
Hence the Correct answer is option 2.
Question : Under computerized system of accounting, MIS stands for
Question : An accounting information system processes the financial transactions and events based on -
Question : The computerised accounting system refers to -
Question : What is/are the features of an accounting computerised system?
Question : What is chart of accounts?
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