Computerised Accounting PYQ — Page 3

The following elements are important for salary computation and its payment: (A) Grade Pay (GP) (B) Dearness Allowance (DA) (C) Transport Allowance (TRA) (D) Goods and Service Tax (GST) Choose the correct answer from the options given below:

The feature of CAS that ensures better planning and access to vital information, leading to improved daily business operations, is:

The error ##### occurs when? (A) Column is not wide enough (B) Negative date (C) Negative time (D) Row is not wide enough Choose the correct answer from the options given below:

The best way to get started in Excel 2007 is to click the ____.

__________sub system deals with payment of wages and salary to employees.

Sequential codes are applied primarily to source documents such as ...........?

PV function returns the present value of an investment. The syntax of the function is PV (rate, nper, pmt, fv, type). What does NPER stands for?

Provident Fund (PF) is calculated as a percentage of which component(s)?

Order of mathematical operations in solving data in electronic spreadsheet (A) * Multiplication (B) + Addition (C) ( ) Brackets (D) / Division Choose the correct answer from the options given below:

Method of Codification should be :

Match List-I with List-II: | List-I | List-II | |---|---| | Movement | Keystroke (Press key) | | (A) One cell down | (I) Left arrow key | | (B) One cell up | (II) Right arrow key or Tab key | | (C) One cell left | (III) Down arrow key or Enter key | | (D) One cell right | (IV) Up arrow key | Choose the correct answer from the options given below:

______ is the total number of payment periods in an annuity in financial function.

______ is the number 0 or 1 and indicates when payments are due.

__________ is the function which adds the cells as per given specified criteria.

_______ is a dialog box that displays one complete record at a time and can be used to add, change, locate, and delete records.

Intersection of row and column is referred as _______?

In Excel terminology, what is the area that contains the entire chart called?

In accounting, a transaction consists of data elements which includes: (A) Name of Account (B) Accounting Code (C) Date of Transaction (D) Amount Choose the correct answer from the options given below:

In a chart, what do data points represent?

How many blank worksheets are shown when a new workbook is created?

How is the Net Salary (NS) of an employee determined?

How is an absolute cell reference indicated? (A) With a # sign before the cell (B) With a $ sign before the column and/or row (C) With parentheses around the cell (D) With a $ sign before the column and/or row Choose the correct answer from the options given below:

How does Data Vault (encryption) enhance the security of CAS data?

How do you display or hide the horizontal and vertical axes in a chart?