Computerized accounting brings with it costs of acquiring computer hardware and accounting software. It also introduces new data security risks like viruses.
"Computerized project Management techniques?"
sebu advantage disadvantage
There are quite a number of demerits of a goodwill. The main disadvantage is the fact that it will be an additional expense when you are setting up your business and this is might not bring any returns to the business.
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An accounting module refers to a set of standardized parts of accounting that are used in teaching the accounting students. The accounting modules are usually broken down into a number of subjects to enable the learners to easily understand certain accounting concepts.
Computerized accounting brings with it costs of acquiring computer hardware and accounting software. It also introduces new data security risks like viruses.
what are some attributes of computerized accounting
Computerized Accounting System or CAS pertains to an integrated system that creates automated book of accounts and computerized accounting records and documents. Compared to manual accounting, CAS saves more time and is not prone to human error.
Computerized accounting is quicker and easier than manual accounting and less subject to unintentional error.
what is the flow of data in a computerized accounting information system
what is the flow of data in a computerized accounting information system
The computerized accounting system refers to the organized set of computerized procedures and methods used by businesses to record their financial information.
It's on the computer...
One limitation of computerized accounting is that some errors can go undetected. A human mind has better judgment as to what is sensible and prudent in accounting.
1)Computerized Financial Accounting Increases Company Efficiency2) Computerized Financial Accounting Caters For Several Procedures3)
Computerized financial accounting means performing the accounting function using some kind of computerized accounting system or package like peachtree, quickbooks, SAP etc.
A computerized accounting system can have faults embedded into the software. These problems can lead to inaccurate calculations for the business.