Chapter Exam

Chapter 7: Computerised Accounting System — Online MCQ Test

Q: Which of the following is a component of a computerized accounting system?

Answer: A. Database — A database is a key component because accounting data is stored and managed electronically in computer systems.

Q: In computerized accounting, the database is mainly used to:

Answer: B. Store and organize accounting information — The database stores data systematically so that it can be retrieved, processed, and reported easily.

ACCOUNTANCY · CLASS 12 INTERMEDIATE 2 YEAR · Telangana State Board

Practice Chapter 7: Computerised Accounting System with a free chapter-wise online MCQ test for Telangana State Board CLASS 12 INTERMEDIATE 2 YEAR ACCOUNTANCY. This chapter covers: The final chapter covers computerized accounting features components database management systems CAS vs manual accounting software packages accounting vouchers and report generatio.... AI-generated questions from basic to board-exam level, with instant results and explanations.

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Chapter 7: Computerised Accounting System — Important Questions & Answers (FAQ)

Frequently asked questions from Telangana State Board CLASS 12 INTERMEDIATE 2 YEAR ACCOUNTANCY — Chapter 7: Computerised Accounting System, with answers and explanations. These are sample questions; the exam has its own separate question set.

What is the main feature of a computerized accounting system?

A. It records transactions only in written ledgers
B. It uses computers to record, classify, and summarize accounting data ✓
C. It avoids the use of databases completely
D. It prepares only cash books manually

Answer: B. It uses computers to record, classify, and summarize accounting data
A computerized accounting system uses computers and accounting software to process financial transactions quickly and accurately.

Which of the following is a component of a computerized accounting system?

A. Database ✓
B. Chalkboard
C. Paper filing cabinet
D. Manual cash book only

Answer: A. Database
A database is a key component because accounting data is stored and managed electronically in computer systems.

In computerized accounting, the database is mainly used to:

A. Print handwritten reports
B. Store and organize accounting information ✓
C. Replace the accountant
D. Prevent any transaction entry

Answer: B. Store and organize accounting information
The database stores data systematically so that it can be retrieved, processed, and reported easily.

A business has many branches and a large number of transactions. Which accounting system is more suitable and why?

A. Manual system, because it is easier to control large data
B. Computerized system, because it can handle large data efficiently ✓
C. Manual system, because reports are generated instantly
D. Computerized system, because it needs no data entry

Answer: B. Computerized system, because it can handle large data efficiently
Computerized systems are better for large volumes of data because they process transactions quickly and generate reports efficiently.

Which of the following is the most accurate distinction between a voucher and a report in computerized accounting?

A. A voucher records a transaction, while a report summarizes processed data ✓
B. A voucher is used only for printing, while a report is used for data entry
C. A voucher stores backup files, while a report stores ledgers
D. A voucher and a report mean the same thing

Answer: A. A voucher records a transaction, while a report summarizes processed data
Vouchers are entry documents for transactions, whereas reports are outputs that present summarized accounting information.

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