Which Step Is Not Performed Automatically in a Computerised Accounting

question 27

Multiple Choice

Which step is not performed automatically in a computerised accounting system?

• A) The initial recording of transactions
• B) Posting to the general ledger
• C) Preparing a trial balance
• D) Journalising reversing entries

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Definitions:

N

Represents the sample size or the number of observations in a dataset.

Σ Symbol

A mathematical notation that represents the sum of a set of terms, known as the summation symbol.

Sum Of Values

The total obtained by adding together a sequence of numbers, quantities, or items.

Mode

The value that occurs most frequently in a data set.