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
None of these
In ________ accounting software the cost of installation is generally low.
Ready to use
Tailored
Customized
The cost of installation and maintenance is relatively high because the high cost is to be paid to the vendor for ________.
Tailored software
_________ system are updated automatically as and when accounting data is entered and stored.
Manual Accounting
Computerized Accounting
Both (1) and (2)
__________ is a sequence of actions that are taken to transform the data into decision useful information.
Reporting system
Front end interface
Data processing
___________ accounting software is suited to organisations running small or conventional business where the frequency or volume of accounting transactions is very low.
_______ is a computer software that records and processes accounting transactions within functional modules.
MS Excel
Accounting software
MS DOS
_______ software is suited large and medium businesses.
_______ 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
In a manual system of accounting, the preparation of ________ pre- supposes the availability of trial balance.
Trading account
Financial Statements
Journal