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Question
Which of the following is not an advantage of computerised accounting system?
Options
Timely generation of reports in desired format
Ensures effective control over the system
Faster obsolescence of technology
Confidentiality of data is maintained
MCQ
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Solution
Faster obsolescence of technology
Explanation:
Computerised accounting provides faster reporting, better control, and strong data security, which are all advantages. However, rapid technological changes make hardware and software obsolete quickly, which becomes a disadvantage.
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