Explain briefly any six advantages of computerized accounting system over the manual system
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it leads to consistent and precise solutions
it does not need any mechanical things like paper etc
it is time efficient
it never leads to inaccuracy
the accounts could be saved for a much longer time
the can be deleted when not needed
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Accuracy – there is less room for errors as only one accounting entry is needed for each transaction rather than two (or three) for a manual system. ... Cost savings – computerized accounting programs reduce staff time doing accounts and reduce audit expenses as records are neat, up-to-date and accurate.
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