II. Very Short Answer Questions

Question 1.
What is a computer?
Answer:
A computer can be described as an electronic device designed to accept raw data as input, processes them and produces meaningful information as output. It has the ability to perform arithmetic and logical operations as per given set of instructions called program. Today, computers are used all over the world in several areas for different purposes.

Question 2.
What is CAS?
Answer:
Computerised accounting system (CAS) refers to the system of maintaining accounts using computers. It involves the processing of accounting transactions through the use of hardware and software in order to keep and produce accounting records and reports.

Question 3.
What is hardware?
Answer:
The physical components of a computer constitute its hardware. Hardware consists of input devices and output devices that make a complete computer system.


Question 4.
What is meant by software?
Answer:
A set of programs that form an interface between the hardware and the user of a computer system are referred to as software.

Question 5.
What is accounting software?
Answer:
The main function of CAS is to perform the accounting activities in an organisation and generate reports as per the requirements of the users. To obtain the desired results optimally, need based software or packages are to be installed in the organisation.

Question 6.
Name any two accounting packages.
Answer:

  1. Readymade software
  2. Customised software

Question 7.
Give any two examples of readymade software.
Answer:

  1. Tally
  2. Busy

Question 8.

What is coding?
Answer:
Code is an identification mark, generally, computerised accounting involves codification of accounts.

Question 9.
What is grouping of accounts?
Answer:
In any organisation, the main unit of classification is the major head which is further divided, into minor heads. Each minor head may have number of sub – heads. After classification of accounts into various groups.

Question 10.
What are mnemonic codes?
Answer:
A mnemonic code consists of alphabets or abbreviations as symbols to codify a piece of information.

III. Short Answer Questions

Question 1.
What are the various types of accounting software?
Answer:

  1. Readymade software
  2. Customised software and
  3. Tailormade software

Question 2.
Mention any three limitations of computerised accounting system.
Answer:
Heavy cost of installation, Cost of training and fear of unemployment

Question 3.

State the various types of coding methods.
Answer:
Sequential codes, block codes and mnemonic codes.

Question 4.
List out the various reports generated by computerised accounting system.
Answer:

  1. Liabilities and capital
  2. Assets
  3. Revenues and
  4. Expenses.

Under Liabilities and Capital:
Capital, Non – current liabilities and current liabilities.

Under Assets:
Non – current assets and Current assets.

Question 5.
State the input and output devices of a computer system.
Answer:
Input devices: keyboard, optical scanner, mouse, joystick, touch screen and stylus.
Output devices: Monitor and printer.