Computerised Accounting

Overview

Medium

Select out of the following that leads to the need of codification.

The Encryption of data

To secure various accounts

To keep proper records

To allot codes

✅ Correct Option: 4

Codification is the process of assigning unique codes to accounts for easy identification, classification, and retrieval of data. Hence the primary need of codification is to allot codes to various accounts. Encryption and security are different concepts relating to data protection.

2023: 11 June Shift 3

The components of Computerised Accounting system are :

2022: 30 Aug Shift 2

What are the internal controls designed to do ?

2025: 15 May Shift 2

Method of Codification should be :

2026: 21 May Shift 2

"IT" essentially scrambles the information to make its interpretation extremely difficult (almost impossible) And it also ensures security of data even if it lands in the wrong hands, because the receiver of data will not be able to decode and interpret it.

In the above line, "IT" stands for:

2026: 29 May Shift 1

__________ is the smallest named unit of data in the information system.

2026: 21 May Shift 2

"It deals with the ascertainment of the cost of goods produced. It has linkages with other accounting sub-systems for obtaining the necessary information about cost of material, labour, and other expenses. This system generates information about changes in the cost that takes place during the period under review."

Identify the subsystem of AIS being highlighted in the above information

Select out of the following that leads to the need of codification.

Solution

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