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SSC CGL Exam  >  SSC CGL Tests  >  Finance and Economics  >  Test: Computerised Accounting System - 1 - SSC CGL MCQ

Test: Computerised Accounting System - 1 - SSC CGL MCQ


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10 Questions MCQ Test Finance and Economics - Test: Computerised Accounting System - 1

Test: Computerised Accounting System - 1 for SSC CGL 2024 is part of Finance and Economics preparation. The Test: Computerised Accounting System - 1 questions and answers have been prepared according to the SSC CGL exam syllabus.The Test: Computerised Accounting System - 1 MCQs are made for SSC CGL 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Computerised Accounting System - 1 below.
Solutions of Test: Computerised Accounting System - 1 questions in English are available as part of our Finance and Economics for SSC CGL & Test: Computerised Accounting System - 1 solutions in Hindi for Finance and Economics course. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free. Attempt Test: Computerised Accounting System - 1 | 10 questions in 10 minutes | Mock test for SSC CGL preparation | Free important questions MCQ to study Finance and Economics for SSC CGL Exam | Download free PDF with solutions
Test: Computerised Accounting System - 1 - Question 1
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What are the six elements/components of a computer system?

Detailed Solution for Test: Computerised Accounting System - 1 - Question 1
The six elements/components of a computer system are Hardware, Software, People, Procedure, Data, and Connectivity. These components work together to make a computer system functional.
Test: Computerised Accounting System - 1 - Question 2
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What is the primary advantage of using a computerized accounting system?

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The primary advantage of using a computerized accounting system is that it can store and process a large volume of data accurately and quickly, unlike humans.
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Test: Computerised Accounting System - 1 - Question 3
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Which component of a computer is responsible for performing arithmetic calculations and logical operations?

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The Arithmetic and Logic Unit (ALU) is responsible for performing arithmetic calculations and logical operations within a computer's Central Processing Unit (CPU).
Test: Computerised Accounting System - 1 - Question 4
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What does the acronym GIGO stand for in computer terminology?
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In computer terminology, GIGO stands for "Garbage In, Garbage Out," indicating that if inaccurate or irrelevant data is input into a computer, the output will also be inaccurate or irrelevant.
Test: Computerised Accounting System - 1 - Question 5
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Which type of software is designed for performing specific tasks like accounting or word processing?
Detailed Solution for Test: Computerised Accounting System - 1 - Question 5
Application Software is designed and developed for performing specific tasks like accounting or word processing. Tally is an example of application software for accounting.
Test: Computerised Accounting System - 1 - Question 6
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What is the main purpose of an Accounting Information System (AIS)?
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The main purpose of an Accounting Information System (AIS) is to maintain a detailed financial record of business operations and transfer the data into valuable financial information.
Test: Computerised Accounting System - 1 - Question 7
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What is the term for the automation of accounting functions using computerized accounting software?
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The term for the automation of accounting functions using computerized accounting software is "Automation of accounting process."
Test: Computerised Accounting System - 1 - Question 8
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Which stage of automation involves selecting appropriate accounting hardware?
Detailed Solution for Test: Computerised Accounting System - 1 - Question 8
The stage of automation that involves selecting appropriate accounting hardware is "Selection of Accounting Hardware."
Test: Computerised Accounting System - 1 - Question 9
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What is the primary consideration for selecting accounting software for an organization?
Detailed Solution for Test: Computerised Accounting System - 1 - Question 9
The primary consideration for selecting accounting software for an organization is flexibility, as it should be able to handle data efficiently and adapt to the organization's needs.
Test: Computerised Accounting System - 1 - Question 10
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What is the primary limitation of computerized accounting systems related to staff?
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The primary limitation related to staff in computerized accounting systems is the high cost of training specialized staff to efficiently use the system.
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