SSC CGL Exam > SSC CGL Videos > SSC CGL Tier 2 - Study Material, Online Tests, Previous Year > Comparison between Manual and Computerised Accounting System
Comparison between Manual and Computerised Accounting System Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
|
1365 videos|1312 docs|1010 tests
|
FAQs on Comparison between Manual and Computerised Accounting System Video Lecture - SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
| 1. What is the difference between manual and computerized accounting systems? |  |
Ans. The main difference between manual and computerized accounting systems is the way in which financial transactions are recorded and processed. In a manual system, all transactions are recorded by hand in journals and ledgers, while in a computerized system, transactions are entered into a computer program or software and processed automatically.
| 2. What are the advantages of using a computerized accounting system? | |
Ans. There are several advantages of using a computerized accounting system. Firstly, it can save time as transactions can be entered and processed much faster compared to manual systems. Additionally, it reduces the risk of errors as calculations are automated, and it provides real-time access to financial information. Moreover, it allows for easier analysis and reporting of financial data.
| 3. What are the disadvantages of using a computerized accounting system? | |
Ans. Although computerized accounting systems offer many benefits, they also have some disadvantages. One major disadvantage is the initial cost of purchasing and setting up the software and hardware required for the system. Additionally, there may be a learning curve for employees who are not familiar with the software. Moreover, reliance on technology can also lead to the risk of system failures or data loss.
| 4. What are the advantages of using a manual accounting system? | |
Ans. While computerized accounting systems have become more popular, manual accounting systems still have some advantages. One advantage is the lower cost, as there is no need to invest in expensive software or hardware. Additionally, manual systems provide a more tangible and physical record of transactions, which can be beneficial for certain businesses. Moreover, manual systems may be simpler and easier for small businesses with fewer transactions.
| 5. Can a business switch from a manual to a computerized accounting system? | |
Ans. Yes, a business can switch from a manual to a computerized accounting system. However, it requires careful planning and implementation. The process may involve data conversion, training employees on the new software, and ensuring a smooth transition of financial records. It is essential to consider the specific needs and requirements of the business before making the switch to ensure a successful transition.
About this Video
|
4.64/5 Rating |
|
Dec 27, 2024 Last updated |
Video Description: Comparison between Manual and Computerised Accounting System for SSC CGL 2024 is part of SSC CGL Tier 2 - Study Material, Online Tests, Previous Year preparation.
The notes and questions for Comparison between Manual and Computerised Accounting System have been prepared according to the SSC CGL exam syllabus.
Information about Comparison between Manual and Computerised Accounting System covers all important topics for SSC CGL 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Comparison between Manual and Computerised Accounting System.
Introduction of Comparison between Manual and Computerised Accounting System in English is available as part of our SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL & Comparison between Manual and Computerised Accounting System in
Hindi for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year course. Download more important topics related with notes, lectures and mock test series for
SSC CGL Exam by signing up for free.
Description
Video Lecture & Questions for Comparison between Manual and Computerised Accounting System Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year - SSC CGL full syllabus preparation | Free video for SSC CGL exam to prepare for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year.
Information about Comparison between Manual and Computerised Accounting System
Here you can find the meaning of Comparison between Manual and Computerised Accounting System defined & explained in the simplest way possible.
Besides explaining types of Comparison between Manual and Computerised Accounting System theory, EduRev gives you an ample number of questions to practice Comparison between Manual and Computerised Accounting System tests,
examples and also practice SSC CGL tests.
|
1365 videos|1312 docs|1010 tests
|
|
Explore Courses for SSC CGL exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
ppt
,Sample Paper
,Summary
,Objective type Questions
,Online Tests
,practice quizzes
,shortcuts and tricks
,mock tests for examination
,Extra Questions
,Previous Year
,Exam
,Comparison between Manual and Computerised Accounting System Video Lecture | SSC CGL Tier 2 - Study Material
,study material
,Previous Year
,Online Tests
,past year papers
,Previous Year
,MCQs
,Comparison between Manual and Computerised Accounting System Video Lecture | SSC CGL Tier 2 - Study Material
,Comparison between Manual and Computerised Accounting System Video Lecture | SSC CGL Tier 2 - Study Material
,Free
,Viva Questions
,Online Tests
,Previous Year Questions with Solutions
,video lectures
,Semester Notes
,Important questions
;
Study Comparison between Manual and Computerised Accounting System on the App
Students of SSC CGL can study Comparison between Manual and Computerised Accounting System alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Comparison between Manual and Computerised Accounting System,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Comparison between Manual and Computerised Accounting System is prepared as per the latest SSC CGL syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup