Chapter 12 Accountancy MCQ Questions with Answers and Explanations
MCQs for Accountancy Class 11 Chapter 12 focuses on the topic "Applications of Computers in Accounting." This chapter is highly relevant for CBSE board exams and for building real-world skills in modern financial management. It helps students understand how computerized systems transform accounting processes, making it essential both for academic success and daily business operations.
| Concept | Description | Example/Use |
|---|---|---|
| Computerized Accounting | Use of computers to record, manage, and analyze financial transactions. | Tally software for ledger management |
| Accounting Software Types | Different forms of software used for bookkeeping and reporting tasks. | Ready-to-use, Customized, Tailor-made |
| Input/Output Devices | Tools for entering data into and receiving data from computers. | Keyboard, Mouse (input); Monitor, Printer (output) |
| Memory & Storage | Ways computers save and recall accounting information. | RAM, Hard Disk, Pen Drive |
| Management Information System (MIS) | Systems to help managers make decisions based on accounting data. | Profit analysis, Sales dashboard |
MCQs for Accountancy Class 11 Chapter 12 with Answers
Practicing MCQs for Accountancy Class 11 Chapter 12 is vital for revision and self-assessment. These questions cover computer basics, software classification, and practical applications in accounting, all mapped to the NCERT syllabus and suitable for CBSE exams.
- Which from the following is better in accounting?
(a) Book Keeping (b) Computerized Accounting (c) Both (d) None
Answer: (c) Both
- Ram wants to install a computerized accounting system but his budget is low. Which software should he opt for?
(a) Ready to use Software (b) Customized Software (c) Tailor-made Software (d) All cost same
Answer: (a) Ready to use Software
- The printed output from a computer is called:
(a) Copy (b) Soft Copy (c) Hard Copy (d) Paper
Answer: (c) Hard Copy
- Which one of these is also known as read/write memories?
(a) ROM (b) RAM (c) DVD (d) Hard Disk
Answer: (b) RAM
- What is not an advantage of a computerized accounting system?
(a) High Speed (b) High Reliability (c) Reduced training cost (d) None of the above
Answer: (c) Reduced training cost
For a full set of 20+ exam-style MCQs with answers and explanations, students can access Vedantu’s dedicated Class 11 Accountancy MCQ practice resources.
Types of Accounting Software and Their Features
Accounting software can be categorized based on their customizability and functionality. Understanding their differences helps students choose the right tool for various business sizes and needs.
| Type | Features | Example |
|---|---|---|
| Ready to Use | Standardized, quick installation, affordable | Tally, Busy |
| Customized | Flexibility, tailored to business, moderate cost | Advanced Tally modules |
| Tailor-made | Fully personalized, complex, expensive | Enterprise solutions for large companies |
Benefits of Applications of Computers in Accounting
The applications of computers in accounting help ensure efficiency, accuracy, and automation. These systems also support better decision-making and reporting for businesses.
- Reduces human errors and time spent on calculations.
- Enhances storage, retrieval, and backup of accounts.
- Supports compliance with accounting standards and legal requirements.
- Generates instant reports for quicker business analysis.
Key Terms in Applications of Computers in Accounting
Mastering important terms enhances exam confidence. Here’s a quick glossary for this chapter:
| Term | Meaning |
|---|---|
| Input Device | Hardware used to enter data (e.g., keyboard, mouse) |
| Output Device | Displays processed information (e.g., monitor, printer) |
| Software | Programs directing computer actions (e.g., Tally, Excel) |
| MIS | System that organizes and reports business data |
| RAM | Random Access Memory, temporary data storage |
Linking Concepts: Computerized Accounting in Practice
Understanding Computerized Accounting Environment is crucial for this chapter. Real businesses use accounting software like Tally for ledger management, payroll, and reporting. Concepts such as ledger accounts, provisions and reserves, and methods of depreciation are often automated using these tools. Computer usage also reduces accounting errors and streamlines business communication through MIS.
Exam Tips: How to Master Chapter 12 MCQs
- Practice topic-specific MCQs for quick recall.
- Understand hardware/software differences and examples.
- Memorize definitions and features of input/output devices.
- Apply concepts in business situations (e.g., why a business uses Tally).
- Use online practice tests and PDF downloads for revision.
Further Learning and Internal Resources
Deepen your study by exploring related chapters and solutions on Vedantu. Try these for a thorough understanding:
- Computerized Accounting Environment
- Accounting Concept of Depreciation
- Ledger Accounts
- Methods of Depreciation
- Types of Errors
- Functions of an Accountant
- Difference Between Provision and Reserve
- Trial Balance Format
- Principles of Business Communication
- T.S. Grewal Solutions Chapter 12
- DK Goel Solutions Chapter 12
In summary, MCQs for Accountancy Class 11 Chapter 12 help students prepare for exams by reinforcing their understanding of computerized accounting concepts, types of software, and key technology terms. Practicing these and using resources from Vedantu ensures strong results in school and competitive exams, while equipping students with valuable business skills for the future.
FAQs on Accountancy Class 11 Chapter 12 MCQs: Applications of Computers in Accounting
1. How to prepare for Accountancy MCQs Chapter 12?
Preparing for Accountancy Class 11 Chapter 12 MCQs on Applications of Computers in Accounting requires a structured approach. Begin by reviewing the NCERT textbook thoroughly, focusing on key concepts like accounting software (e.g., Tally), hardware components, and MIS. Then, practice using chapter-wise MCQs, online quizzes, and downloadable PDFs. Understanding the difference between hardware and software, and the role of input/output devices are crucial.
2. Where to find MCQs for Applications of Computers in Accounting?
Reliable MCQs for Accountancy Class 11 Chapter 12 can be found in various resources. Your CBSE textbook is an excellent starting point, along with supplementary practice materials and online platforms. Look for chapter-wise MCQ sets with detailed explanations and answers to aid understanding. Many websites offer online tests and downloadable PDFs for convenient study. Vedantu also provides such resources.
3. Are the MCQs relevant to CBSE/NCERT syllabus?
Yes, these MCQs are meticulously designed to align perfectly with the current CBSE and NCERT syllabus for Accountancy Class 11 Chapter 12 (Applications of Computers in Accounting). They cover all essential topics and concepts within the syllabus, ensuring your preparation is exam-focused and effective.
4. What is the format of Class 11 Accountancy MCQ?
Class 11 Accountancy MCQs typically follow a standard multiple-choice format. Each question presents a statement or problem followed by several options (A, B, C, D). You select the single most accurate or appropriate answer. Some MCQs may include short explanations to clarify the reasoning behind the correct answer. The focus is on testing conceptual understanding and application of principles.
5. Can I download Accountancy MCQs as PDF?
Yes, many websites, including Vedantu, offer downloadable PDFs containing Accountancy Class 11 Chapter 12 MCQs. These PDFs provide a convenient way to practice offline, at your own pace. Look for resources that offer both the questions and their corresponding answers and explanations.
6. Mcqs for accountancy class 11 chapter 12 with answers?
This page provides MCQs for Accountancy Class 11 Chapter 12 with answers. These multiple choice questions cover Applications of Computers in Accounting, including topics such as accounting software (like Tally), hardware, software, and the Management Information System (MIS). The answers are provided along with explanations to help you understand the concepts better.
7. Mcqs for accountancy class 11 chapter 12 online test?
Many online platforms offer online tests for Accountancy Class 11 Chapter 12 MCQs. These tests allow for immediate feedback and self-assessment. Look for platforms that provide instant grading and detailed explanations for each question. These online quizzes simulate the exam environment, helping you practice effectively.
8. MCQ Questions for Class 11 Accountancy PDF download?
You can find and download PDFs containing MCQ Questions for Class 11 Accountancy from various educational websites. These PDFs usually contain chapter-wise MCQs, allowing targeted practice. Look for resources that are aligned with the CBSE and NCERT syllabus for the best exam preparation.
9. Class 11 Accountancy MCQ online test?
Several educational websites and platforms provide online tests specifically for Class 11 Accountancy MCQs. These online resources allow you to assess your understanding of the concepts covered in the chapter and identify areas where you might need further review. Look for tests that offer immediate feedback and detailed solutions.
10. How do computers improve the reliability of accounting information?
Computers significantly enhance the reliability of accounting information by automating calculations and reducing manual errors. This leads to more consistent and accurate data. Features like automated data entry, error checks, and efficient data storage contribute to improved data reliability. Using specialized accounting software like Tally further enhances this reliability.
