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

question 8

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) A worksheet for adjustments is still often prepared when a computerised system is used.
• C) Errors are easier to find in a computerised accounting system.
• D) In computerised systems the use of journals is less important than in a manual system.

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Definitions:

Rosebud

A type of torch tip used in welding and cutting applications, named for its rose petal-like flame pattern, commonly used for heating.

Forged Journal Cross

A forged journal cross is a component in the driveline of a vehicle, made through forging to achieve strength and durability, used to connect different shafts within the drive system.

Universal Joint

An assembly consisting of a trunnion cross and bearings that connects a pair of yokes for purposes of transmitting drive torque on an angled plane.

Trunnions

Trunnions are cylindrical protrusions used as a pivot or mounting point, commonly found in cannons, tanks, and heavy machinery for rotation or support.