Which of These Is Not a Common Problem of a Computerised

question 23

Multiple Choice

Which of these is not a common problem of a computerised accounting system?

• A) Computer fraud
• B) Power failure
• C) Computer viruses
• D) Lack of keyboard skills

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Definitions:

Accounts Receivable

Receivables from clients for goods delivered or services performed by a company, which have not yet been paid for.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period.

Cash Basis

An accounting method where revenues and expenses are recorded when cash is received or paid, not when they are incurred.

Property, Plant, Equipment

Tangible assets owned by a company used in operations and not intended for resale, such as buildings, machinery, and vehicles.