In Comparing Computerised and Manual Accounting Systems, Which of the Following

question 50

Multiple Choice

In comparing computerised and manual accounting systems, which of the following statements is correct?

• A) A computerised system does not require any reversing entries.
• B) Errors are easier to find in a computerised accounting system.
• C) In computerised systems, the use of journals is less important than in a manual system.
• D) A worksheet for adjustments is still often prepared when a computerised system is used.

---

Definitions:

Raw Material Purchases

The total cost incurred for buying materials that are used in the manufacturing process of goods.

Cash Payout

The distribution of funds or payments, often from a corporation or investment, to shareholders or investors.

Beginning Inventory

Beginning inventory refers to the value of goods available for sale or use at the start of an accounting period.

September

September is the ninth month of the year in the Gregorian calendar, marking the transition from summer to autumn in the Northern Hemisphere.