CBSE Class 11 Accountancy Computerised Accounting System MCQs Set B

Question: Computers leave a thorough audit trail which can be easily followed. This is not an advantage of a computerized accounting system because:
a) Computers process transaction uniformly.
b) Computers help eliminate human errors.
c) Computers can process many transactions quickly.
d) Computers leave a thorough audit trail which can be easily followed.
Answer: d

Question: What is the short-cut key for Receipts (transaction for direct cash) in Tally?
a) F4
b) F5
c) F6
d) F7
Answer: c

Question: The tailored software is designed to meet the specific requirements of the users and form an important part of the ______.
a) Organisational FIS
b) Organisational MIS
c) Organisational MIE
d) Organisational MES
Answer: b

Question: The number of users and their interface in tailored is _____.
a) Limited
b) As per specification
c) Unlimited
d) None of the options
Answer: c

Question: The data storage system which remains hidden from the user and responds to the requirement of the user to the extent the user is authorised to access is known as:
a) Back-end database
b) Front-end database
c) Data processing
d) Reporting system
Answer: a

Question: What are the features of computerized accounting software?
a) storage of accounting data and on-line input
b) instantly produces different reports
c) group different account
d) All of the options
Answer: d

Question: To avoid invalid data input, a bank added an extra number at the end of each account number and subjected the new number to an algorithm. This technique is known as _________.
a) dual read
b) test for reasonableness
c) check digit
d) occurrence correction
Answer: c

Question: The criterion fulfilled by an effective accounting report is
a) Relevance, Timeliness, Accuracy, Completeness and Summarisation
b) Relevance, Timeliness, Accuracy, Completeness and Globalisation
c) Relevance, Legibility, Speed, Automation
d) Reliability, Accuracy, Scalability, Efficiency and Quality
Answer: a

Question: ___________ is a well-defined procedure blended suitably with the operating environment of the organisation.
a) Accounting Framework
b) Back-end Database
c) Operating Procedure
d) Data Processing
Answer: c

Question: COBOL, BASIC, FORTRAN, C, C++, JAVA are examples of:
a) High-level programming languages
b) Low-level machine language
c) Assembly language
d) Application software
Answer: a

Question: The accounting software is generally tailored in ______ business organisations with multi users and geographically scattered locations.
a) small
b) large
c) medium
d) None of the options
Answer: b

Question: Which of the following statement is not a distinguishing feature between computer-based processing and manual processing?
a) Errors in a CIS environment are less systemic as compared to errors in manual processing
b) The potential for human error in the CIS environment is greater as compared to manual system
c) In a computer-based accounting system, audit trail is in electronic form
d) Computer processing offers management a variety of analytical tools
Answer: a

Question: Which of the following activities would most likely be performed by EDP department?
a) Authorising transactions
b) Parity checks
c) Distributing output
d) Correction to transactional errors
Answer: c

Question: Secrecy of data and software can be better maintained in a ______ software.
a) Recording
b) Ready-to-use
c) Customised
d) None of the options
Answer: c

Question: The cost of installation and maintenance is relatively high because the high cost is to be paid to the vendor for _____.
a) Recording
b) Customisation
c) Ready-to-use
d) Tailored
Answer: b

Question: Ready-to-use accounting software is suited to organisations running small/conventional business where the frequency or volume of accounting transaction is ________.
a) very average
b) very high
c) very low
d) very limited
Answer: c

Question: The danger of the system crashing due to hardware failures and the subsequent loss of work is a serious ___________ of computerised accounting system.
a) advantage
b) limitation
c) advantage and limitation
d) None of the options
Answer: b

Question: What are the features of a computerized accounting system.
a) It facilitates off-line input and storage of accounting data
b) This system never fails
c) It generates a print-out of purchase and sale invoices
d) None of the options
Answer: c

Question: An important consideration before sourcing an accounting software is flexibility. This statement is true for which of the following?
a) Flexibility
b) Ease of adaption and training needs
c) Size of organization
d) Expected level of secrecy
Answer: a

Question: An accounting information system processes the financial transactions and events based on
a) Governing Principles
b) Management Principles
c) Accepted Principles
d) Generally Accepted Accounting Principles
Answer: d

Question: Which among these, is not an example of system utility software?
a) Anti-virus utility to scan computer for viruses
b) Microsoft-office Package
c) Disk compression utility to compress contents of a disk for increasing the capacity of a disk
d) Disk partitioning to divide a single drive into multiple logical drives
Answer: b

Question: In a computerised accounting system, operating environment consists of:
a) Hardware
b) Software
c) Both Hardware and Software
d) None of the options
Answer: c

Question: The preparation of financial statements pre-supposes the availability of trial balance in ________ system of accounting.
a) Computerised
b) Manual
c) Both manual and computerised
d) None of the options
Answer: b

Question: For creating a company we use
a) Alt + F1
b) Alt + F3
c) Alt + F2
d) ESC key
Answer: b

Question: Salary Account comes under which head
a) Indirect Incomes
b) Indirect Expenses
c) Direct Incomes
d) Direct Expenses
Answer: b

Question: The ………. of a vendor is also an important factor to consider while opting for a computerized accounting software
a) Level of profit
b) Honesty
c) Capability
d) None of the options
Answer: a

Question: The cost of installation and maintenance is relatively _______ in customised accounting package.
a) low
b) medium
c) equal
d) high
Answer: d

Question: The software must be capable of attracting users, and if it requires simple training should be able to motivate its potential users. This statement is true for which of the following factors taken into consideration before sourcing an accounting software?
a) Flexibility
b) Ease of adaption and training needs
c) Size of organization
d) Expected level of secrecy
Answer: b

Question: Modern computerised accounting system is based on the concept of database which is implemented using
a) Management Information System
b) Database Management System
c) Marketing Information System
d) Accounting Information System
Answer: b

Question: When computer programs or files can be accessed from terminals, such access can be limited to authorized individuals by ________.
a) appointing a librarian
b) controlling passwords
c) appointing EDP auditor
d) both appointing a librarian and controlling passwords
Answer: d

Question: __ is the name of Software:
a) Ex
b) Tally
c) Busy
d) All of the options
Answer: d

Question: Among the following, which ready-to-use accounting software package is available in today’s market?
a) Tally
b) E. X.
c) Busy
d) All of the options
Answer: d

Question: Which one of the following is not an advantage of Computerised Accounting System:
a) High Reliability
b) High Speed
c) High Cost
d) High Security of Data
Answer: c

Question: Ready-to-use accounting software is suited to organisations running _______ business where the frequency or volume of accounting transactions is very low.
a) small
b) large
c) medium
d) both small and large
Answer: a

Question: What is Primary Key?
a) A primary key is a maximal set of attributes in a table that uniquely identifies tuples in that table.
b) A primary key is a minimal set of attributes in a table that uniquely identifies tuples in that table.
c) A primary key is a unique identifier.
d) Both A primary key is a minimal set of attributes in a table that uniquely identifies tuples in that table. & A primary key is a unique identifier.
Answer: d

Question: What is the advantages of tailor-made software.
a) These are ready made softwares
b) Low cost
c) High secrecy of data
d) None of the options
Answer: c

Question: Which of the following is characteristic of Accounting Information System?
a) It is helpful in handling financial transactions of an organisation
b) It is helpful in budgeting
c) It generates reports
d) All of the options
Answer: d

Question: Adjustment Entries/Non-Cash Entries are recorded in
a) Payment Voucher
b) Journal Voucher
c) Contra Voucher
d) Purchase Voucher
Answer: b

Question: Ram want to install a computerised accounting system but his budget is low. Which software he should opt for
a) Ready to use Software
b) Customized Software
c) Tailor-made Software
d) He can buy Any of the options, all cost same
Answer: a

Question: The cost of installation an maintenance for ready-to-use is _____.
a) Relatively high
b) Low
c) High
d) None of the options
Answer: b