Question

Computerised Accounting System rests on Five Pillars: Data, People, Procedure and \underline{{1.5cm}, \underline{{1.5cm}}.
Identify the blank pillars from the following:}

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

Hint:

The five pillars of Computerised Accounting Systems are: Data, People, Procedure, Hardware, and Software.

Answer 1

The Correct Option is A

A Computerised Accounting System (CAS) is built on five foundational components or pillars: Data, People, Procedures, Hardware, and Software.
- Data represents the financial and business information.
- People include users like accountants and decision makers.
- Procedures are standardized rules for data processing.
- Hardware includes physical components such as computers and servers.
- Software consists of accounting programs like Tally, QuickBooks, etc.
Hence, the missing pillars are: Hardware and Software.