State any three features of computerized accounting system.
Features of Computarized Accounting Systems :-
(a) SPEED & ACCURACY - It can perform at much higher speed than human beings.
It performs job with a high degree of accuracy. The computer cannot make mistakes if proper instructions are given.
(b) RELIABILITY - Computers are more immune to boredom, tiredness or fatigue.
Therefore, they are more reliable than human beings. However, a comuter can fail or stop responding due to internal and external reasons.
(c ) SCALABILITY - The system can cope easily with the increase in the volume of the business.
It requires only additional data operators for storing additional vouchers.