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Accountancy · 2023 · 4 marks
CBSE 2023 · Region 4 · Set 2 · Q33
State any three advantages and any one limitation of Computerised Accounting System.
State any three advantages and any one limitation of Computerised Accounting System.
OR
Explain any four heads from the account group 'Profit and Loss'.
Marking-scheme solution
Any three advantages :
(1)
Timely generation of report and information in desired format.
(2)
Efficient record keeping.
(3)
Ensures effective control over the system.
(4)
Economy in the processing of accounting data.
(5)
Confidentiality of data is maintained.
Any one limitation :
(1)
Faster obsolescence of technology necessitates investment in shorter
period of time.
(2)
Data may be lost or corrupted due to power interruption.
(3)
Data are prone to hacking.
(4)
Un-programmed and un-specified reports cannot be generated.
OR
Q. Explain any four heads from the account........................................
Ans.
Any four heads with appropriate explanation
(1)
Sales Account
(2)
Purchase A/c
(3)
Direct Income
(4)
Indirect Income
(5)
Direct Expenses
(6)
Indirect Expenses
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.