Question

Explain ‘Password Security’ and ‘Data Audit’ as security features of Computerised Accounting System:

Hint:

Password security restricts unauthorized access, while data audits enhance accountability and regulatory compliance in Computerised Accounting Systems.

Answer 1

1. Password Security: - Prevents unauthorized access to sensitive financial data. - Ensures only authorized personnel can view, edit, or delete records. - Enhances the overall security of the accounting system by restricting access based on user roles. 2. Data Audit: - Tracks all changes made to financial records, including the user, time, and nature of changes. - Facilitates compliance with regulatory requirements. - Helps identify errors, fraud, or unauthorized modifications. \vspace{0.5cm}