The accounting software is generally________ in large business organisations with multi - users and geographically scattered locations.
Ready to use
Customized
Tailored
None of these
_______ is the data storage system that is hidden from the user and responds to the requirement of the user to the extent the user is authorised to access.
Data Processing
Back end data base
Front end Interface
___________ accounting software is suited to organisations running small or conventional business where the frequency or volume of accounting transactions is very low.
In a ________system, the framework of storage and processing of data is called operating environment.
Operating
Computerized accounting
Accounting
In ________ accounting software the cost of installation is generally low.
Secrecy of data and software can be better maintained in ________ software.
__________ is a sequence of actions that are taken to transform the data into decision useful information.
Reporting system
Front end interface
Data processing
A ________ is implemented using a database management system, which is defined by a set of computer programmes that manage and organise data effectively and provide access to the stored data by the application programmers.
Database
Software
Hardware
What is the expansion of GAAP?
General Accepting Accounts Problems
Generally Accepted Accounting Principles
General Accounting and Audit Problems
Which of the following is not an advantage of introducing computerized accounting systems?
Increased job satisfaction
Cost of installation is very high
Time saved through speed of input