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CUET Accountancy 2024 PYQs

CUET Accountancy 2024

Accountancy
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Overview of Computerized Accounting System

Easy

The components of Computerised Accounting System are:

Correct Option: 2
A Computerised Accounting System helps manage financial data efficiently.
Components:
- Data: Information about transactions.
- People: Users who operate the system.
- Procedure: Steps to follow for accounting tasks.
- Hardware: Physical devices like computers.
- Software: Programs that run the accounting tasks.
Option 2 is correct because it includes all essential parts needed for a complete system.

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