Computers in Accounting Test - 5

Enterprise resource planning ( ERP ) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources.

Customer relationship management ( CRM ) is a term that refers to practices, strategies and technologies that companies use to manage and analyze customer interactions.

Microcomputers, Mini Computers, Mainframe Computers and Supercomputers are in according their size respectively. The history of computer development is a computer science topic that is often used to reference the different generations of computing devices. Each one of the 5 generations of computers is characterized by a major technological development that fundamentally changed the way computers operate. 

MS Word is a application software not a operative software.

Random-access memory is a form of computer data storage which stores frequently used program instructions to increase the general speed of a system. RAM is a volatile Memory.

Secondary storage, secondary memory or external memory, is a non-volatile memory (does not lose stored data when the device is powered down) that is not directly accessible by the CPU, because it is not accessed via the input/output channels (it is an external device). Secondary storage device is for storing data permanently.

A processor is the logic circuitry that responds to and processes the basic instructions that drive a computer. Processor is a processing unit.

Custom software is software that is specially developed for some specific organization or other user. Customized software means modify the readymade software to suit the specific requirements of the user.

Readymade softwares are economical -Readymade softwares are prepared not for any particular user but for the user in general. Readymade software develop for user in general.

 'Tailor - made software' refers to designing and developing user - specific software. Tailor made software requirement of user on the basis of discussion between user and developer.

The database management system has promising potential advantages, which are explained below:

1. Controlling Redundancy 2. Integrity can be enforced 3. Inconsistency can be avoided 4. Data can be shared 5. Standards can be enforced 6. Restricting unauthorized access 7. Solving Enterprise Requirement than Individual Requirement

Accounting software is a computer program build and setup up to store and manages the accounts and also perform arithmetic or accounting operation.

Utility software  is system  software  designed to help analyze, configure, optimize or maintain a computer.

Tailor made software is software that is specially developed for some specific organization or other user.

The database management system has promising potential advantages, which are explained below:

1. Controlling Redundancy 2. Integrity can be enforced 3. Inconsistency can be avoided 4. Data can be shared 5. Standards can be enforced 6. Restricting unauthorized access 7. Solving Enterprise Requirement than Individual Requirement

Random-access memory is a form of computer data storage which stores frequently used program instructions to increase the general speed of a system. RAM is a volatile Memory.

Secondary storage, secondary memory or external memory, is a non-volatile memory (does not lose stored data when the device is powered down) that is not directly accessible by the CPU, because it is not accessed via the input/output channels (it is an external device). Secondary storage device is for storing data permanently.

A processor is the logic circuitry that responds to and processes the basic instructions that drive a computer. Processor is a processing unit.

COBOL is computer programming language designed for business use.  COBOL  is primarily used in business, finance, and administrative systems for companies and governments.

Designing accounting reports, complying with tax laws, and preparing external financial reports are three bedrock accounting functions of every business. Database queries considered as Designing Accounting Reports.

Enterprise performance management ( EPM ) is a field of business performance management which considers the visibility of operations in a closed-loop model across all facets of the enterprise.

Pen drive is small storage device shaped like a pen with built-in data storage that connects to a computer by a USB port.

Custom software development is the designing of software applications for a specific user or group of users within an organization. Such software is designed to address their needs precisely as opposed to the more traditional and widespread off-the-shelf software.

Utility software  is system  software  designed to help analyze, configure, optimize or maintain a computer.

Enterprise resource planning ( ERP ) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources.

An operating system (OS) is system software that manages computer hardware and software resources and provides common services for computer programs.

An accounting information system (AIS) is a structure that a business uses to collect, store, manage, process, retrieve and report its financial data so that it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors and regulatory and tax agencies.

Management information system (MIS) refers to the processing of information through computers and other intelligent devices to manage and support managerial decisions within an organization.

A database management system (DBMS) is system software for creating and managing databases. The DBMS provides users and programmers with a systematic way to create, retrieve, update and manage data.

LCD  (liquid crystal display) is the technology used for displays in notebook and other smaller computers. Like light-emitting diode (LED) and gas-plasma technologies, LCDs allow displays to be much thinner than cathode ray tube (CRT) technology.

Components of DBMS  - Query Processor, Storage Manager and Transaction Manager Component.

When we use data in desired manner it becomes useful Information.

Enterprise performance management ( EPM ) is a field of business performance management which considers the visibility of operations in a closed-loop model across all facets of the enterprise.