Accountancy, asked by Ankkkiiiit, 9 months ago

Describe any three advantages of computerised accounting system

Answers

Answered by zainakhan1179
7

improves efficiency -

this system is more efficient in comparison to the traditional system . the computers make sure speed and accuracy in preparing the records and accounts and thus increases the efficiency of employees.

Greater accuracy-

computerised accounting make sure accuracy in accounting records and statements . it prevents clerical errors and omissions in records.

facilities standardization

computerised accounting provides standardization of accounting routines and procedures . therefore it ensure standardization in the accounting records.

I hope it will help you

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