Accounting Software

What is the meaning of MYOB

• Make Your Own Business

• Mind Your Own Business

• Make Your Online Business

• Mind Your Online Business

Which is not an advantage of using an accounting software?

• Minimized Errors

• Information Security

• Accounting Process Automation

• Expensive

_________ is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user.

• Cloud Computing

• Computer

• Internet

• Software

Which is not an accounting software?

• Xero

• MYOB

• Quickbooks

• Calculator

This is a book or collection of accounts in which account transactions are recorded.

• Diary

• Ledger

• Notebook

• Slam book

Which of the following is an accountant's invention?

• calculator

• memory card

• buble gum

• ruler

The following are the disadvantages of accounting software except for

• Expensive

• Difficult to Implement

• Minimized Errors

• No 24/7 Customer Support

Which of the following is not a function of accounting system?

• Recruitment

• Payments

• Billing

• Taxation

The following are accounting software modules except for

• Receivables

• Payables

• Payroll

• History

Accounting software is applicable to all business types.

• True

• False