( Best 130+ ) Computerized Accounting Software MCQ

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Computerized Accounting Software MCQ

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Computerized Accounting System with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Computerized Accounting System Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Computerized Accounting Software MCQ

Computerized Accounting Software MCQ

101. What is the advantage of a computer-based transaction processing system?

A. Does not require as stringent a set of internal controls.

B. Will produce a more accurate set of financial statements.

C. Eliminates the need to reconcile control accounts and subsidiary ledgers.

D. Will be more efficient at producing financial statements.

102. Which of the following file is usually used as a master file?

A. Inventory subsidiary

B. Cash disbursements.

C. Cash receipts.

D. Payroll tr

103. —————— gives the balance for each day for the voucher type has been selected.

A. Trial Balance

B. Daybook

C. Balance Sheet

D. None of the above

104. For ‘stock journal’ entry we press ______________ in tally

A. F7

B. Alt + F7

C. F1

D. F11

105. Which option lists inventory valuation method in tally?

A. Stock report

B. Stock journal

C. Stock analysis

D. Stock summary

106. How to activate the tally audit feature in a company?

A. Press F11 key

B. During the creation of a company

C. In -comp info -> security control-option

D. Press F12 key

107. What is the predefined number of groups in tally?

A. 16

B. 28

C. 128

D. 228

108. Which of the following is used for voucher entry?

A. Ledger Account

B. Groups

C. Sub-Groups

D. Depends on number of companies

109. Which of the following user type can view audit list?

A. Tally Vault

B. Owner

C. Data Entry

D. Administrator

110. How can data be imported in tally?

A. One company to another company created within Tally Package

B. Other programs – a spreadsheet or a database file.

C. Depends on number of companies

D. Both A and B

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