Question : What are the components of accounting information system?
Option 1: Cash sub system
Option 2: Tax Accounting System
Option 3: Final Account Sub-system
Option 4: All of these
Correct Answer: All of these
Solution : Following are the components of Accounting Information System: 1. Management Information System, 2. Cash Sub-system, 3. Purchase & Accounts Payable Sub-system, 4. Inventory Accounting System, 5. Cash Sub-system, 6. Tax Accounting System, 7. Cash Sub-system, etc. Hence, the correct option is 4.
Question : What is chart of accounts?
Question : Modern computerised accounting system is based on the concept of database which is implemented using -
Question : Final account subsystem in Accounting Information System (AIS) deals with -
Question : What is the function of cash and bank sub-system?
Question : Cash Flow statement is based on -
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