Chapter-4

Computerised Accounting System

Multiple Choice Questions
1. Computerised Accounting System is based on the:

(a) Hardware base (b) Software base

(c) Data base (d) none of these

2. Computerised Accounting System has no advantage:

(a) Reliability (b) Efficiency

(c) Inability (d) Quickness

3. Computerised Accounting’s disadvantages are:

(a) Privacy (b) High Cost

(c) Efficiency (d) High Speed

4. The Computerised accounting system is…………to the manual accounting

system:

(a) Superior (b) Inferior

(c) Neither superior nor inferior (d) both (a) and (b)

5. Computerised Accounting System is encapsulated:

(a) To record all business transactions

(b) To prepare various types of ledger

(c) To prepare financial statements

(d) All of these

6. Categories of accounting software:

(a) Two (b) Three

(c) Four (d) none of these

[Ans.1. (c), 2.(c), 3.(b), 4.(a), 5.(d), 6.(b)]

 Chapter-5
Computerised Accounting Software
Multiple Choice Questions
1. What are the types of computerized accounting systems?

(a) Ready to use Software (b) Customized software

(c) Tailor-made Software (d) All of above

2. Software is an ……….program which governs our computer.

(a) System (b) Application

(c) Windows (d) All of these

3. An efficient billing software solution also manages your stock; this helps you
keep tabs on the availability of your products so that you can quickly deal with
delivery issues. Which features of accounting software are highlighted in the above
statement?

(a) Accounts-Payable (b) Inventory Management:

(c) Billing and Invoicing: (d) Forecasting and Budgeting

4. Which software programs are suitable for a firm where the overall volume of
accounting work is relatively low?

(a) Readymade software (b) Customized software

(c) Tailor-made accounting software (d) none of these

5. Tally, Busy, Marg, Profit books is an example of this software.

(a) Customized software (b) Tailor-made accounting software

(c) Readymade software (d) both (a) and (b)

6. The most traditional examples of top accounting software are-

(a) Commercial apps. (b) Enterprise-grade software

(c) Spreadsheets and dashboards (d) all of above

7. In the following which one is NOT a feature of readymade software?

(a) Not required staff training (b) Easily implemented

(c) Unaffordable (d) Accommodating

8. Which of the following is the limitation of customized Software?

(a) Time-consuming (b) Higher risks

(c) High investment (d) All of above

9. “A tailored software developer builds a product and retains full rights to the
code”. In this line what advantage is highlighted to tailor software?

(a) Enhance productivity and efficiency

(b) Dynamic in nature

(c) Personalized technical support

(d) Intellectual property right

10. The level of secrecy of Data is too much higher in

(a) Tailored-made software (b) Customized software

(c) Ready-to-use software (d) all of above

11. Limited users can access this type of software-

(a) Ready-to-use software (b) Customized software

(c) Tailored-made software (d) none of these

[ Ans: 1.(c), 2.(c), 3.(d), 4(a), 5.(b), 6.(b), 7.(b), 8.(a), 9.(c), 10.
(b), 11.(b)]
 Chapter-6
Introduction to Accounting Software
(Tally)
Multiple Choice Questions
1. Tally package is developed by…………

(a) Peutronics (b) Tally Solutions

(c) Microsoft company (d) Solutions of Tally

2. Which one is NOT the best accounting software in India?

(a) Logic (b) Busy Accounting

(c) Tally.ERP 9 (d) Acco –ERP

3. Which version of tally has features including GST calculations, invoice and
payroll procedures, remote access, multi-user login, and transaction procedures?

(a) Tally 7.2 (b) Tally 6.3

(c) Tally 8.1 (d) Tally ERP 9

4. The full form of TALLY:

(a) Transactions Allowed in a Linear Line Yards

(b) Total Alliance Linear Line yardsticks

(c) Transactions Awareness with Linear Line Yards

(d) Total alliance Ledger Locker yards

5. Which version of the following tally does not support MS-DOS/ CUI based
environment?
(a) Tally 5.4 (b) Tally 4.5

(c) Tally 3.0 (d) none of above

6. Tally was co-founded in………..by shyam sunder goenka and his son…………
goenka:

(a) 1987, Bharat (b) 1986, Bharat

(c) 1897, Shiva (d) 1986, Shiva

7. “Setting a strong password policy for the Tally data shall help secure and
safeguard the financial information of the company from unauthorized changes”.

Which feature of Tally is highlighted in the above statement?

(a) Audit tool (b) Safety measures

(c) Rapidly Access to Documents (d) none of above

[ Ans: 1.(b), 2.(d), 3.(d), 4(a), 5.(a), 6.(b), 7.(b)]