Question : What is/are the applications of computerised accounting systems?
Option 1: To maintain Accounting Record of large organisations is Possible
Option 2: Separate Payroll Accounting is Possible
Option 3: Automation of All Financial Accounts
Option 4: All of the above
Answer (1)
25th Jan, 2024
Correct Answer: All of the above
Solution :
Following are the applications of computerised accounting systems:
1. To maintain Accounting Record of large organisations is Possible,
2. Separate Payroll Accounting is Possible,
3. Automation of All Financial Accounts,
4. Graphic Presentation of Accounting Results,
5. Updates are fast, and
6. Best Inventory Control.
Hence, the correct option is 4.
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