Which of the following correctly represents the five foundational components of a Computerised Accounting System (CAS)?
- AData, Report, Coding, Hardware, Output
- BPeople, Data, Procedure, Hardware, Software
- CSoftware, Hardware, Network, Output, Input
- DPeople, Network, Procedure, Analysis, Report
Solution & Step-by-step Explanation
A complete Computerised Accounting System (CAS) relies on the integration of five vital elements: People (users), Data (inputs/transactions), Procedures (rules and guidelines), Hardware (physical machines), and Software (accounting applications and programs).