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Benefits of computerised accounting?
Here are the key benefits of computerized accounting: Accuracy – Reduces human errors in calculations and data entry. Speed – Processes financial data quickly, saving time. Real-time Information – Provides up-to-date financial reports anytime. Cost-Effective – Minimizes manual work and reduces administrative costs. Easy Data Retrieval – Simplifies access to past records and transactions. Better Decision-Making – Offers detailed reports for informed business planning. Security – Protects data with backups and access controls.
What are the disadvantages of a computerised system?
the data can be affected by viruses
What is a computerised financial management information system?
financial information
Meaning of computerised system?
Computerised system means using computer to make work easy. eg:- Using computerised software in shop instead of using registers & working manually. It makes work easy ,saves the time,& searching particular record becomes easy!
How do clockwise and counterclockwise torques compare in a balance system?
In a balanced system, the clockwise and counterclockwise torques are equal in magnitude but opposite in direction. This equilibrium condition ensures that the net torque around the pivot point is zero, allowing the system to remain stable and not rotate. If one torque exceeds the other, the balance will tip in the direction of the greater torque. Thus, for balance, the two torques must be perfectly balanced.
Define computerised accounting?
An accounting system can either be a manual system or a computerised one and both produce similar results when properly applied. An accounting system is part of the organisation's management information system therefore a good or decent accounting system must be able to produce reports like trial balance, aged debtors and aged creditors. Accounting systems must provide data that should enable the production of management accounts, statutory accounts and must also assist the managers and accountants in discharging their stewardship roles.
What are the Components of a computerised accounting system?
This is an accounting system which uses the computer...blah blah blah black sheep
What are the advantages of replacing a paper-based sysytem with a computerised system in a hotel?
faster preformance
What two forces are balanced when a system is in isostasys?
When a system is in isostasy, downward gravity and upward buoyancy are balanced.
Is it best to leave your vents partially open or open all the way when running your air conditioner?
The adjustments on the vents are there to help you balance your system. They are for adjusting the flow of air into a single rooms. If the system is already fairly well balanced they should be left as open as possible for maximum efficiency.
What is it True or false What if your ears are important when it comes to staying balanced.?
True. Your ears play a crucial role in maintaining balance through the vestibular system, which is located in the inner ear. This system detects changes in head position and movement, helping to coordinate balance and spatial orientation. If the vestibular system is disrupted, it can lead to balance issues and dizziness.
How can hotel reservation system minimize time?
A computerised hotel reservation system gives an instant 'picture' of which rooms are booked, occupied or vacant.
