[Option II] Question 11 (Choice 1) [Computerized Accounting]

Last updated at April 16, 2024 by

State any three features of computerized accounting system.

Answer

Features of Computarized Accounting Systems :-

(a) SPEED & ACCURACY - It can perform at much higher speed than human beings.

It performs job with a high degree of accuracy. The computer cannot make mistakes if proper instructions are given.

 

(b) RELIABILITY - Computers are more immune to boredom, tiredness or fatigue.

Therefore, they are more reliable than human beings. However, a comuter can fail or stop responding due to internal and external reasons.

 

(c ) SCALABILITY - The system can cope easily with the increase in the volume of the business.

It requires only additional data operators for storing additional vouchers.

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Transcript

State any three features of computerized accounting system. Answer Features of Computarized Accounting Systems :- (a) SPEED & ACCURACY - It can perform at much higher speed than human beings. It performs job with a high degree of accuracy. The computer cannot make mistakes if proper instructions are given. (b) RELIABILITY - Computers are more immune to boredom, tiredness or fatigue. Therefore, they are more reliable than human beings. However, a comuter can fail or stop responding due to internal and external reasons. (c ) SCALABILITY - The system can cope easily with the increase in the volume of the business. It requires only additional data operators for storing additional vouchers.

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Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years and a teacher from the past 18 years. He teaches Science, Economics, Accounting and English at Teachoo