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NCERT solutions for अकाउंटेंसी कम्प्युटराइज्ड अकाउंटिंग सिस्टम [अंग्रेजी] कक्षा १२ chapter 1 - Overview of Computerised Accounting System [Latest edition]

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Chapters

▶ 1: Overview of Computerised Accounting System

   Chapter 2: Spreadsheet

   Chapter 3: Use of Spreadsheet in Business Applications

   Chapter 4: Graphs and Charts for Business Data

NCERT solutions for अकाउंटेंसी कम्प्युटराइज्ड अकाउंटिंग सिस्टम [अंग्रेजी] कक्षा १२ chapter 1 - Overview of Computerised Accounting System - Shaalaa.com
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Solutions for Chapter 1: Overview of Computerised Accounting System

Below listed, you can find solutions for Chapter 1 of CBSE NCERT for अकाउंटेंसी कम्प्युटराइज्ड अकाउंटिंग सिस्टम [अंग्रेजी] कक्षा १२.


EXERCISES
EXERCISES [Pages 14 - 16]

NCERT solutions for अकाउंटेंसी कम्प्युटराइज्ड अकाउंटिंग सिस्टम [अंग्रेजी] कक्षा १२ 1 Overview of Computerised Accounting System EXERCISES [Pages 14 - 16]

MULTIPLE CHOICE QUESTIONS

1. 1.Page 14

The components of Computerised Accounting System are ______.

  • Data, Report, Ledger, Hardware, Software

  • Data, People, Procedure, Hardware, Software

  • People, Procedure, Ledger, Data, Chart of Accounts

  • Data, Coding, Procedure, Rules, Output

1. 2.Page 14

The Computerised Accounting System refers to ______.

  • Printing of Balance Sheet and Profit and Loss Accounts using computer.

  • Processing of accounting transaction through computer and produce records and reports.

  • Processing of accounting-related data and printing reports.

  • None of the above.

1. 3.Page 14

The components of Computerised Accounting System refers to ______.

  • Business transactions are analysed, transactions recorded, prepare trial balance, preparation of balance sheet and profit and loss account.

  • From data entry to preparation of final statements.

  • Transformation of the manual accounting system to CAS.

  • None of the above.

1. 4.Page 14

The CAS should be ______.

  • Simple and integrated, transparent, accurate, scalability, reliability

  • Complex, Accurate, Transparent, faster to work

  • Able to transform the manual accounting system to computerised accounting system

  • None of the above

1. 5.Page 14

The Grouping of Accounts means the classification of data from ______.

  • Asset, liabilities and capital

  • Asset, capital, liabilities, revenue and expenses

  • Asset, owners equity, revenue and expenses

  • None of the above.

1. 6.Page 14

Codification of Accounts required for the purpose of ______.

  • Hierarchical relationship between groups and components

  • Data processing faster and preparing of final accounts

  • Keeping data and information secured

  • None of the above

1. 7.Page 15

Method of Codification should be ______.

  • Such that it leads to the grouping of accounts.

  • An identification mark.

  • Easy to understand, cryptic, and leads to the grouping of accounts.

  • None of the above.

1. 8.Page 15

The need of codification is ______.

  • The Encryption of data.

  • The Generation of mnemonic code.

  • To secure the accounts, reports, etc.

  • Easy to process data, keeping proper records.

1. 9.Page 15

What is the activity sequence of the basic information processing model?

  • Organise data, process data, and collect data

  • Collect data, organise and process data, and communicate information

  • Process data, organise data, and collect data

  • Organise data, collect data, and communicate information

1. 10.Page 15

What are internal controls designed to do?

  • Safeguard assets and optimise the use of resources

  • Only achieve maximum revenue

  • Only safeguard assets

  • Only ensure accurate accounting records

1. 11.Page 15

What is a firm’s payment to a supplier for merchandise inventory recorded in?

  • Cash payment journal

  • Purchases journal

  • Sales journal

  • Cash receipts journal

1. 12.Page 15

Where are amounts owed by customers for credit purchases found?

  • Accounts receivable journal

  • General ledger

  • Sales journal

  • Accounts receivable subsidiary ledger

2. 1. (i)Page 15

Why is the computerisation of Financial Accounting required?

2. 1. (ii)Page 15

Why is the computerisation of financial accounting useful?

2. 2. (i)Page 15

What is coding?

2. 2. (ii)Page 15

Why is codification required for an Accounting System?

2. 3.Page 15

What are the salient features of Computerised Accounting Software?

2. 4.Page 16

What are the phases in an accounting cycle?

2. 5.Page 16

Give the difference between data and information along with an example.

2. 6.Page 16

Explain various types of coding methods and the situations where each coding method is best suited.

2. 7. (i)Page 16

Define the term transaction.

2. 7. (ii)Page 16

Elaborate with the help of examples on how the transaction will be shown in the chart of accounts by hierarchical grouping.

2. 8. (i)Page 16

What is a chart of accounts?

2. 8. (ii)Page 16

How is a chart of accounts arranged?

2. 9. (i)Page 16

What is meant by Revenue?

2. 9. (ii)Page 16

What is meant by Expenses?

2. 10.Page 16

What are the limitations of CAS?

2. 11.Page 16

What are the advantages of CAS?

2. 12.Page 16

What is encryption and how is it helpful in CAS?

Solutions for 1: Overview of Computerised Accounting System

EXERCISES
NCERT solutions for अकाउंटेंसी कम्प्युटराइज्ड अकाउंटिंग सिस्टम [अंग्रेजी] कक्षा १२ chapter 1 - Overview of Computerised Accounting System - Shaalaa.com

NCERT solutions for अकाउंटेंसी कम्प्युटराइज्ड अकाउंटिंग सिस्टम [अंग्रेजी] कक्षा १२ chapter 1 - Overview of Computerised Accounting System

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