Question

Computerised Accounting System rests on Five Pillars: Data, People, Procedure and _____, _____.
Identify the blank pillars from the following:

• A. Hardware, Software
• B. User, Customer
• C. Software, Logic
• D. Timely access, Hardware

Hint:

Always remember the 5 pillars of a Computerised Accounting System: Data, People, Procedures, Hardware, and Software — these form the functional ecosystem of digital accounting.

Answer 1

The Correct Option is A

A Computerised Accounting System is built on five core components:
1. Data: Raw facts and figures to be processed.
2. People: Users who operate and manage the system.
3. Procedures: Rules and instructions for operating the system.
4. Hardware: Physical components like computers, printers, servers.
5. Software: Programs that process data and generate reports.
\(\Rightarrow\) The missing pillars are Hardware and Software.