Question

State any three limitations of Computerised Accounting System.

Answer 1

1. System failure: The system may crash due to hardware failure, which can disrupt work. This is especially true if there is no backup.
2. High cost of training: New versions of hardware and software require training for staff, which can be costly.
3. Security risks: Computerized accounting systems store sensitive financial data, which can be vulnerable to cyber-attacks, data breaches, and theft.