NCERT Solutions for Class 11 Accountancy Chapter 12 Applications of Computers in Accounting

What Does a Computer System Mean?

The CBSE Class 11 Accountancy Chapter 12 is titled the Applications of Computers in Accounting. In this chapter, the question ‘what does a computer system mean’ is discussed in detail. The common definition is that a computer is an electronic device that performs a set of functions based on the instructions provided to it. However, there are several components that make a computer system. 

These can be divided into two groups, majorly: one is hardware and another is software. 

The hardware of a computer system consists of its physical components. These include a keyboard, a monitor, and so on. In Accountancy Class 11 Chapter 12 we see that various software components are also discussed. These include software such as operating systems, Utility programs, Application software, Language processors, system software, and connectivity software.

What is the Management Information System and Accounting Information System?

Management Information System (MIS) is an important topic covered in the Accountancy Class 11 Chapter 12. For companies to stay strong in the competitive market it has become mandatory for them to rely on information technology. The management information system is preferably used for this purpose and it helps to support the companies to maintain, manage and organize various functions of the institution as a whole in order to achieve its goals and objectives more efficiently. Chapter 12 Accountancy Class 11 also explains how MIS is used at various levels by a company and how it guides them towards better decision-making. The accounting information system first identifies the economic information about an entity, then it collects its information and further processes it.

The AIS is a part of the organization’s MIS and each accounting system is a part of the AIS.

The Four Main Areas Mentioned in CBSE Class 11 Accountancy Chapter 12 Are as Follows.

• Manufacturing system

• Human resource information system

• Marketing information system

• Accounting information system

An organization basically works in an environment mainly consisting of the suppliers and the consumers. Now, the information of the various departments of the management emerges and accounting is one of them. The AIS receives and then provides the information to the different levels of the organization.

So the Accounting Information System converts the data of the resources and people into transferable information which can be financial or any other type of data and this information is accessible to a wide range of decision-makers. This information system works either manually or by using technology (computerized system).

The Accountancy Class 11 Chapter 12 also tells about how traditionally the MIS was considered a financial accounting system for the maintenance of financial records of the organization but now it is understood to be a broader umbrella-term where the accounting system is just a part of the MIS. The Solutions for CBSE Class 11 Accountancy Chapter 12 will provide you clarity on these topics.

How Will Vedantu Help You Better Understand This Chapter?

Vedantu experts have written the answers in an easy-to-understand manner. These NCERT Solutions can be very helpful for students in grasping the concepts covered in this chapter and for applying them while solving questions. You can also download the NCERT Accountancy Book Class 11 Solutions PDF for your offline reference. Vedantu can help you gain a better understanding of your chapters in a way that makes it easy to frame answers. In this way, it will help you to secure good marks in the exam.

Fun Fact

The first budgeting systems were developed in the year 1922 and the computer-based management systems were not initiated till 1954.

Solved Example

Q1: Which of the Following Is Not Software?

1. Operating System

2. Monitor

3. Language processor

4. All of the above

Ans: Monitor