Computerised accounting packages are organised by modules.Changes to one module will automatically update information in other modules.

Question

Quizplus · Accepted Answer

This statement is true. Computerised accounting packages are designed with modules that are interconnected, meaning that changes in one module will automatically update information in other related modules. For example, if a transaction is recorded in the sales module, it will automatically update the inventory module and the accounts receivable module. This integration helps to ensure accuracy, efficiency, and timeliness in financial reporting.

Computerised Accounting Packages Are Organised by Modules