InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
What are mnemonic codes? |
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Answer» A mnemonic code consists of alphabets or abbreviations as symbols to codify a piece of information. |
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| 2. |
What is coding? |
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Answer» Code is an identification mark, generally, computerised accounting involves codification of accounts. |
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| 3. |
What is system operators? |
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Answer» People who operate the systems and use it for different purposes. They are also called as end users. |
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| 4. |
What is hardware? |
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Answer» The physical components of a computer constitute its hardware. Hardware consists of input devices and output devices that make a complete computer system. |
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| 5. |
Give any two examples of readymade software. |
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Answer» 1. Tally 2. Busy |
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| 6. |
What is meant by software? |
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Answer» A set of programs that form an interface between the hardware and the user of a computer system are referred to as software. |
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| 7. |
Name any two accounting packages. |
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Answer» 1. Readymade software 2. Customised software |
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| 8. |
TALLY is an example of ……(a) Tailor – made accounting software (b) Ready – made accounting software (c) In – built accounting software (d) Customised accounting software |
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Answer» (b) Ready – made accounting software |
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| 9. |
What is accounting software? |
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Answer» The main function of CAS is to perform the accounting activities in an organisation and generate reports as per the requirements of the users. To obtain the desired results optimally, need based software or packages are to be installed in the organisation. |
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| 10. |
Accounting software is an example of ……(a) System software (b) Application software (c) Utility software (d) Operating software |
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Answer» (b) Application software |
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| 11. |
Customised accounting software is suitable for … (a) Small, conventional business (b) Large, medium business (c) Large, typical business (d) None of the above |
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Answer» (b) Large, medium business |
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| 12. |
List out the various reports generated by computerised accounting system. |
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Answer» 1. Liabilities and capital 2. Assets 3. Revenues and 4. Expenses. Under Liabilities and Capital: Capital, Non – current liabilities and current liabilities. Under Assets: Non – current assets and Current assets. |
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| 13. |
Mention any three limitations of computerised accounting system. |
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Answer» Heavy cost of installation, Cost of training and fear of unemployment |
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| 14. |
One of the limitations of computerised accounting system is ………(a) System failure (b) Accuracy (c) Versatility (d) Storage |
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Answer» (a) System failure |
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| 15. |
Can you explain data? |
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Answer» The facts and figures that are fed into a computer for further processing are called data. Data are raw input until the computer system interprets them using machine language, stores them in memory, classifies them for processing and produces results in conformance with the instructions given to it. Processed and useful data are called information which is used for decision making. |
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| 16. |
What are the three types of procedures in a computer system? |
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Answer» 1. Hardware oriented procedure 2. Software oriented procedure and 3. Internal procedure |
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| 17. |
The manager of a medium – sized business is considering the introduction of computerised accounting system. Some staff feels that it is an opportunity to learn new skill. The manager has promised free framing for their staff, So, the staff realise that their own skill can be enhanced. Also, there is a demand for highly skilled staff. But, some staff feels threatened by these changes. They feel that they may not be able to leam new skill. Moreover, some of them are nearing their retiring age. So they think that it is not needed for them. But the manager expects the cooperation from all the staff. Now, discuss on the following points:(i) Will it be expensive for the business to introduce computerised accounting system?(ii) Will everyone get the access to use the computers? In such a case, how to protect data?(iii) “People at the retirement age are not required to leam new skill” – Do you think so?(iv) What are the factors to be considered by the managers before introducing CAS? |
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Answer» (i) No, it will not be expensive. It may be integrated with enhanced MIS, multi – lingual and data organisation capabilities to simplify all the business processes easily and cost – effectively. (ii) It is an opportunity to leam new skill at free of cost. Retrieval of data is easier as the records are kept in soft copy in data base. By giving instructions, data can be retrieved quickly. (iii) No, the computerised accounting system is easy to leam by everyone. It is not a difficult one to retiring people also. (iv) The manager has to give an opportunity to leam new skill to his employees. It will take time but he has to face the employees problems: 1. Heavy cost of installation. 2. Cost of training. 3. Fear of unemployment. 4. Disruption of work and so on. |
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| 18. |
Components of CAS can be classified into ……… categories. (a) Six (b) Seven (c) Five (d) Three |
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Answer» The correct answer is : (a) Six |
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| 19. |
Which one is output device? (a) Monitor (b) Keyboard (c) Mouse (d) Optical scanner |
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Answer» The correct answer is : (a) Monitor |
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