Podcast
Questions and Answers
Which of the following is a computerized accounting software?
Which of the following is a computerized accounting software?
- AuditMaster
- Excel Pro
- QuickBooks Lite
- PCA package (correct)
Which of these software options is not typically used for accounting?
Which of these software options is not typically used for accounting?
- Sage Accounting
- Photoshop CC (correct)
- FreshBooks
- PCA package
What is one potential benefit of using computerized accounting software?
What is one potential benefit of using computerized accounting software?
- Reduction in data security
- Complexity in financial reporting
- Increased manual data entry
- Enhanced accuracy in calculations (correct)
Which of the following is least likely to be a feature of computerized accounting software?
Which of the following is least likely to be a feature of computerized accounting software?
What is the primary role of computerized accounting software?
What is the primary role of computerized accounting software?
What is the main advantage of using a computerized accounting system?
What is the main advantage of using a computerized accounting system?
Which of the following options represents the correct combination of benefits provided by computerized accounting systems?
Which of the following options represents the correct combination of benefits provided by computerized accounting systems?
Which statement is true regarding computerized accounting systems?
Which statement is true regarding computerized accounting systems?
What is NOT a benefit typically associated with computerized accounting systems?
What is NOT a benefit typically associated with computerized accounting systems?
Which of the following is a recognized type of accounting system?
Which of the following is a recognized type of accounting system?
Which statement accurately describes customized software?
Which statement accurately describes customized software?
What is the nature of PCA and QuickBooks in the context of software?
What is the nature of PCA and QuickBooks in the context of software?
Which of the following statements is true regarding tailor-made software?
Which of the following statements is true regarding tailor-made software?
Which of the following best contrasts customized software with standard software?
Which of the following best contrasts customized software with standard software?
How does the cost of developing customized software generally compare to off-the-shelf solutions?
How does the cost of developing customized software generally compare to off-the-shelf solutions?
Where is the navigation bar located in most Peachtree windows?
Where is the navigation bar located in most Peachtree windows?
Which of the following statements about the navigation bar in Peachtree is true?
Which of the following statements about the navigation bar in Peachtree is true?
What is the incorrect assertion about the Peachtree navigation bar's location?
What is the incorrect assertion about the Peachtree navigation bar's location?
Which position does the navigation bar NOT occupy in Peachtree windows?
Which position does the navigation bar NOT occupy in Peachtree windows?
Identify the true statement regarding the navigation bar's location in Peachtree.
Identify the true statement regarding the navigation bar's location in Peachtree.
What account is credited when recording the materials cost for Adler’s Landscaping?
What account is credited when recording the materials cost for Adler’s Landscaping?
What is the purpose of a Vendor Ledgers Report?
What is the purpose of a Vendor Ledgers Report?
Which account would typically be involved in recording a materials purchase?
Which account would typically be involved in recording a materials purchase?
Which of the following accounts is not involved in the transaction described?
Which of the following accounts is not involved in the transaction described?
What is the correct double-entry for recording materials cost?
What is the correct double-entry for recording materials cost?
What should you click on in the Banking Navigation Center to begin the process of receiving money?
What should you click on in the Banking Navigation Center to begin the process of receiving money?
After clicking on the Receive Money icon, what option should you select next?
After clicking on the Receive Money icon, what option should you select next?
Where do you record the cash sale after selecting Receive Money From Customer?
Where do you record the cash sale after selecting Receive Money From Customer?
Which of the following steps is part of receiving money from a customer?
Which of the following steps is part of receiving money from a customer?
What is the first action required in the process of receiving money in the Banking Navigation Center?
What is the first action required in the process of receiving money in the Banking Navigation Center?
Flashcards
Computerized Accounting System Benefits
Computerized Accounting System Benefits
Benefits include security and accessibility of accounting data.
Question 3 Answer
Question 3 Answer
The answer to question 3 combines security and accessibility.
Computerized Accounting System Types
Computerized Accounting System Types
Specific types of accounting systems exist.
Question A & B Answer
Question A & B Answer
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Data Corruption
Data Corruption
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Unemployment
Unemployment
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Software used
Software used
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PCA package
PCA package
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Accounting software
Accounting software
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Financial Data
Financial Data
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Customized Software
Customized Software
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PCA and QuickBooks
PCA and QuickBooks
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Customized Software Programs
Customized Software Programs
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PCA
PCA
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QuickBooks
QuickBooks
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Navigation Bar Location
Navigation Bar Location
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Peachtree Navigation
Peachtree Navigation
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Question 9 Answer (False)
Question 9 Answer (False)
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Question 9 Correct Answer
Question 9 Correct Answer
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Question 10
Question 10
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Sales Journal Entry
Sales Journal Entry
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Vendor Ledgers Report
Vendor Ledgers Report
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Materials Cost Dr. Account
Materials Cost Dr. Account
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Accounts Payable
Accounts Payable
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Correct Journal Entry
Correct Journal Entry
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Receive Money
Receive Money
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Apply to Revenues
Apply to Revenues
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Cash Sale Recording
Cash Sale Recording
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Banking Navigation
Banking Navigation
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Customer Funds Receipt
Customer Funds Receipt
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