Class 11 Accountancy - Chapter Applications of Computers in Accounting NCERT Solutions | What is Accounting Information System?

State the relationship between information and decision.

Explain, using examples, the relationship between the organisational MIS and the other functional information system in an organisation. Describe how AIS receives and provides information to other functional MIS.

List the distinctive advantages of a computer system over a manual system.

State the various essential features of an accounting report.

Draw block diagram showing the main components of a computer.

Describe the various elements of a computer system and explain the distinctive features of a computer system and manual system.

‘An organisation is a collection of interdependent decision-making units that exists to pursue organisational objectives’. In the light of this statement, explain the relationship between information and decisions. Also explain the role of the Transaction Processing System in facilitating the decision-making process in business organisations.

Fill in the correct words :

1. The user oriented programmes designed and developed for performing certain specific tasks are called as ...........
2. Language syntax is checked by software called as ...........
3. The people who write programmes to implement the data processing system design are called as ...........
4. ........... is the brain of the computer.
5. ........... and ........... are two of the important requirements of an accounting report.
6. An example of responsibility report is ...........

Give example of the relationship between a Human Resource Information System and MIS.

State the different elements of a computer system.

Name any two types of commonly used negotiable instruments.

Why is it necessary to record the adjusting entries in the preparation of final accounts?

State the meaning of incomplete records?

What is ‘Depreciation’?

Briefly state how the cash book is both journal and a ledger.

State the meaning of a trial balance?

State the four basic requirements of a database applications.

Define accounting.

Why is it necessary for accountants to assume that business entity will remain a going concern?

State the need for the preparation of bank reconciliation statement?

Write the process of preparing ledger from a journal.

Deepti wants to buy a building for her business today. Which of the following is the relevant data for his decision?
a. Similar business acquired the required building in 2000 for ₹ 10,00,000
b. Building cost details of 2003
c. Building cost details of 1998
d. Similar building cost in August, 2005 ₹ 25,00,000

What are the causes of depreciation?

State what is end product of financial accounting?

Choose the Correct Answer

During the life-time of an entity accounting produce financial statements in accordance with which basic accounting concept :
(a) Conservation
(b) Matching
(c) Accounting period
(d) None of the above

Explain the process of preparing bank reconciliation statement with amended cash balance.

State the nature of accounting information required by long-term lenders.

How many sides does an account have?
(i) Two
(ii) Three
(iii) one
(iv) None of these

Cash received from Karim  6,000 posted to Nadeem.
This is the error of ........................................
State the wrong entry recorded in the book of accounts:

Correct effect should have been:

The rectification entry will be: