Tag: elements of accounts

Computer systems as on date do not possess any commonsense because no full-proof algorithm has been designed to programme common sense. Since computers work according to a stored programme(s), they simply lack of commonsense. 

Decision-making is a complex process involving information, knowledge, intelligence, wisdom and ability to judge. Computers cannot take decisions on their own because they do not possess all essential of decision-making. They can be programmed to take such decisions, which are purely procedure-oriented.

There are various limitations of computer system i.e. lack of commonsense, zero IQ, lack of decision-making.
Lack of commonsense: Computer systems as on the date do not possess any commonsense because no full-proof algorithm has been designed to programme commonsense. Since computers work according to a stored programme(s).
Zero IQ: Computers are dumb devices with zero intelligence quotient (IQ). They cannot visualize and thinking what exactly to do under a particular situation, unless they have been programmed to tackle that situation. Computers must be directed to perform each and every action. 
Lack of decision-making: Decision-making is a complex process involving information, knowledge, intelligence, wisdom and ability to judge. Computers cannot take decisions on their own because they do not possess all essential of decision-making. They can be programmed to take such decisions, which are purely procedure-oriented.

A computer system possesses some characteristics which, in comparison to human beings, turn out to be its capabilities. Some of the advantages of computers system are: 1) Speed, 2) Accuracy, 3) Versatility, 4) Reliability, 5) Storage etc.
There are also some limitations of computer system which are: 1) Lack of commonsense, 2) Zero IQ, 3) lack of decision-making.

Computers are dumb devices with zero intelligence quotient (IQ). They cannot visualize and thinking what exactly to do under a particular situation, unless they have been programmed to tackle that situation. Computers must be directed to perform each and every action. 

Input unit controls various input devices which are used for entering data into the computer system. Keyboard and mouse, for instance, are the most commonly used input device. Other such devices are magnetic tape, magnetic disk, light pen, optical scanner etc.

Input unit controls various input devices which are used for entering data into the computer system. Keyboard and mouse, for instance, are the most commonly used input device.

The functional components of computer system consist of input unit, output unit, central processing unit. The way these components are embedded in a computer may differ from one architectural design to another, yet all of them constitute the essential building blocks of a computer system.

Computers are dumb devices with zero IQ. They cannot visualize and think what exactly to do under a particular situation, unless they have been programmed to tackle that situation. computers must be directed to perform each and every action, however, minute it may be.

The computer accounting system is based on the concept of databases. Typically computerised accounting system offers the following features:
1) Online input and storage of accounting data.
2) Printout of purchase and sales invoices.
3) Logical scheme for codification of accounts and transactions. Every account and transaction is assigned a unique code.
4) Grouping of accounts is done from the very beginning.
5) Instant reports for management.