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Class 12 Accountancy Chapter 9 Computerised Accounting System Quiz 1 (25 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. The usual sequence of steps in the transaction recording process is

Correct Answer: B) Analyze $\rightarrow$ journal $\rightarrow$ ledger.

2. What is one of the main advantages of manual accounting mentioned in the text?

Correct Answer: C) It is always accessible.

3. What is considered the most effective method for recording business transactions as a business grows?

Correct Answer: B) Using a computerised system.

4. A ledger is called a book of

Correct Answer: C) Final entry.

5. The cash book records:

Correct Answer: B) All cash and bank transactions.

6. Tally package is developed by

Correct Answer: B) Tally solutions.

7. The portion of the computerised accounting system that integrates all of the components is the .....

Correct Answer: D) General Ledger module.

8. Transactions are posted into ledger account from.

Correct Answer: B) Journal Book.

9. Once an accounting system has been implemented, feedback will be used to continuously analyze and improve the system.

Correct Answer: A) True.

10. After transaction information has been recorded in the journal, it is transferred to the

Correct Answer: D) Ledger.

11. The sequence of operation in a computerised accounting environmentis .....

Correct Answer: D) Journalising, posting, preparation and printing of final reports.

12. Which of the following transactions is recorded in the purchases journal?

Correct Answer: A) Purchase of store supplies on account.

13. Which of the following is not considered a special journal?

Correct Answer: C) General journal.

14. In computerized accounting systems, reports may be generated at any time.

Correct Answer: A) True.

15. Which one of the following is not a nominal account?

Correct Answer: D) Cash account.

16. Can computerised accounting systems be customised, or the business just has to purchase a standard system?

Correct Answer: A) Yes.

17. What does an accounting system allow a business to do?

Correct Answer: A) Keep track of their transactions, including purchases, expenses, sales, and liabilities.

18. A disadvantage of using computer-based accounting system is that it .....

Correct Answer: A) Introduces storage media errors.

19. What can computerised accounting systems produce to aid business decision making?

Correct Answer: D) Final accounts, VAT returns, bank reconciliations, and reports.

20. The account that records expenses, gains and losses is

Correct Answer: C) Nominal Account.

21. Beachside Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal in its operations. If the company records the cash sale of food for $ 18, which is the correct entry?

Correct Answer: C) Cash Dr., $ 18; Food Revenue Cr., $ 18.

22. Which of the following is not a general classification of software?

Correct Answer: C) Word processing.

23. Passwords can be used to protect data from people from outside the organisation only

Correct Answer: B) False.

24. Which of the following is a source document?

Correct Answer: C) Sales invoice.

25. In an integrated business systems software, which of the following module's interfaces directly with the General Ledger module?

Correct Answer: B) Accounts receivable.

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