CBSE Class 12 (Commerce) Computerised Accounting System — practice questions
67 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CBSE Class 12 (Commerce) Computerised Accounting System in the app →Which of these is not one of the five pillars of CAS?In CAS, the term procedure meansIn CAS, the raw facts fed in for any business application are calledCAS processes transaction inputs through which tool to produce reports?Which of these is an output report that CAS generates?Which of these is never recorded as a data element of a transaction?In the accounting cycle, analysed transactions are first recorded in theIn the accounting cycle, journal entries are next posted to theIn the accounting cycle, a trial balance is prepared from theA CAS that adapts to changing business size and data volume showsWhich salient feature of CAS makes critical financial data accurate, controlled and secured?Fast, accurate data entry in CAS uses user-definableWhich CAS feature gives greater visibility of day-to-day operations?As per the accounting equation, Assets are equal toA firm has liabilities of 40000, capital of 60000, revenues of 30000 and expenses of 10000. Its assets totalIn the accounting equation, the claims of owners are calledIn grouping of accounts, revenue meansWhich item is classed under Non-Current Liabilities?Trade Payables are shown under which group?Inventories and Trade Receivables are grouped underCapital Work-in-Progress is shown under which main group?Which of these is listed as an expense group in CAS?Sequential codes make it easy to identifyA code that splits a range of numbers into sub-ranges, one per group, is aIn a block scheme, 100-199 is small pumps, 200-299 medium pumps and 300-399 pipes. Dealer code 245 meansCodes such as SJ for Sales Journal and HQ for Head Quarters are calledA student code has 2 digits for school, 2 for entry-year, 1 stream, 2 class, 1 section, 2 roll. Its length isCreating organisation details and ledger types in CAS is aWhich CAS feature shows who changed the original data, like an audit trail?Scrambling data so it cannot be read if it falls into wrong hands isWhich is an advantage of CAS?Which is a limitation of CAS?Which AIS sub-system handles receipts and payments, including electronic fund transfers?Which AIS sub-system reports sales, collections and overdue accounts?Which AIS sub-system reports the stock position and its valuation?Which AIS sub-system handles ordering of goods and payments to creditors?Which AIS sub-system produces wage bill and leave encashment reports?Reports on cost, depreciation and book value of assets come from which AIS sub-system?VAT, excise, customs and income tax compliance fall under which AIS sub-system?Profit and Loss account, Balance Sheet and cash flow statement come from which AIS sub-system?Tally is an example of which type of software?In a spreadsheet, rows areA file in Excel is known as aThe intersection of a row and a column in a spreadsheet is aWhich address names the cell in row 8 under column G?Which cell reference stays fixed when a formula is copied?In Excel, the range of cells from A1 to E2 is written asA formula in Excel must begin with the signTyping 306 in a cell makes Excel treat it asIf A1 holds 6, B1 holds 4 and C1 holds 2, the formula =A1+B1*C1 returnsIn an Excel formula, which parts are evaluated first?SUMIF over cells holding 2, 4, 3, 7 and 5 with the condition below 6 returnsIn =IF(A1<20,'Yes','No'), what appears if A1 holds 35?In IF(logical_test, x, y), which value is returned when the test is false?A feature letting users test how changed inputs affect results isAn IF function placed inside another IF function is calledA cell reference that changes when copied to another cell is calledA 30-day month has 2 days leave without pay and 1 unauthorised absence. Effective days present areBasic pay earned is 20000 and the DA rate is 12 percent. DA payable isWith basic pay earned of 18000 and a PF rate of 12 percent, the PF deduction isA clerk's basic pay earned is 25000 and house rent allowance is 8 percent of it. The allowance isIn a salary bill, Dearness Allowance compensates employees forWhich payroll deduction is levied under state legislation in some states?Which payroll deduction is a monthly share of the yearly income tax?A plot has at least two axes. The horizontal one is usually theData markers of the same colour in a chart form aExcel 2007 chart tools are found on which ribbon tab?