SALES Output (Pie chart) Accountancy Points to remember • Computers play a major role in various business activities. • In accounting computer is commonly used in many areas such as, recording business transactions, payroll accounting etc. • Accounting softwares are classified as (i) Readymade software, (ii) Customised software and (iii) Tailormade software. • Few of the software commonly used in business include, MS-office, (Word, Excel etc.), Tally, SAP, Finacle.
Self - examination questions I Multiple Choice Questions Choose the correct answer . In accounting, computer is commonly used in the following areas: (a) Recording of business transactions (b) Payroll accounting (c) Stores accounting (d) All the above . Customised accounting software is suitable for (a) Small, conventional business (b) Large, medium business (c) Large, typical business (d) None of the above . Which one is not a component of computer system?
(a) Input unit (b) Output unit (c) Data (d) Central Processing Unit . An example of output device is (a) Mouse (b) Printer (c) Scanner (d) Keyboard . One of the limitations of computerised accounting system is (a) System failure (b) Accuracy (c) Versatility (d) Storage Accountancy . Which one of the following is not a method of codification of accounts?
(a) Access codes (b) Sequential codes (c) Block codes (d) Mnemonic codes . TALLY is an example of (a) Tailor-made accounting software (b) Ready-made accounting software (c) In-built accounting software (d) Customised accounting software . People who write codes and programes are called as (a) System analysts (b) System designers (c) System operators (d) System programmers . Accounting software is an example of (a) System software (b) Application software (c) Utility software (d) Operating software Answer (d) (b) (c) (b) (a) (a) (b) (d) (b) II Very short answer questions .
What is a computer? . What is CAS? .
What is hardware? . What is meant by software? .
What is accounting software? . Name any two accounting packages. .
Give any two examples of readymade