Computerized Accounting MCQs 2026

New Accounting Model in accounting refers to

1. Astatement showing use of allocated funds✓
2. Bmodernized government accounting framework in Pakistan✓
3. Cspending on projects and capital works✓
4. DAccountant General of Pakistan Revenues✓

Single treasury account in accounting refers to

1. Arecognizing expenses when incurred in government✓
2. Brecurrent administrative and operational spending✓
3. Cconsolidated government cash management account✓
4. Doffice maintaining federal government accounts✓

Budgetary control in accounting refers to

1. Aspending on projects and capital works✓
2. Bcomparing actual spending to authorized budget✓
3. CAccountant General of Pakistan Revenues✓
4. Dtracking resources by purpose in public sector✓

Public sector accrual in accounting refers to

1. AAccountant General of Pakistan Revenues✓
2. Btracking resources by purpose in public sector✓
3. Cconsolidated government cash management account✓
4. Drecognizing expenses when incurred in government✓

Government accounting scenario 7: a Pakistani federal ministry must correctly handle New Accounting Model transition

1. Adebit and credit both affected so the equation stays balanced✓
2. Bignore the transaction until next fiscal year✓
3. Crecord only one side of the entry✓
4. Dpost directly to retained earnings without analysis✓

Fund accounting government in accounting refers to

1. Acomparing actual spending to authorized budget✓
2. Brecognizing expenses when incurred in government✓
3. Crecurrent administrative and operational spending✓
4. Dtracking resources by purpose in public sector✓

Controller general accounts in accounting refers to

1. Aconsolidated government cash management account✓
2. Bstatement showing use of allocated funds✓
3. Coffice maintaining federal government accounts✓
4. Dspending on projects and capital works✓

AGPR in accounting refers to

1. Amodernized government accounting framework in Pakistan✓
2. BAccountant General of Pakistan Revenues✓
3. Ccomparing actual spending to authorized budget✓
4. Drecognizing expenses when incurred in government✓

Non-development expenditure in accounting refers to

1. Arecurrent administrative and operational spending✓
2. Btracking resources by purpose in public sector✓
3. Cconsolidated government cash management account✓
4. Dstatement showing use of allocated funds✓

Development expenditure in accounting refers to

1. Aoffice maintaining federal government accounts✓
2. Bspending on projects and capital works✓
3. Cmodernized government accounting framework in Pakistan✓
4. Dcomparing actual spending to authorized budget✓

User access controls in accounting refers to

1. Acentral module recording all account balances✓
2. Brestricting functions by user role and password✓
3. Cautomatic import of bank transactions✓
4. Dpopular accounting software used in South Asia✓

ERP system in accounting refers to

1. Aautomatic import of bank transactions✓
2. Bpopular accounting software used in South Asia✓
3. Cintegrated software managing business processes✓
4. Drecord of all system entries for review✓

General ledger module in accounting refers to

1. Acentral module recording all account balances✓
2. Baccounting software hosted on remote servers✓
3. CSME accounting software package✓
4. Drestricting functions by user role and password✓

Subsidiary ledger in accounting refers to

1. Apopular accounting software used in South Asia✓
2. Brecord of all system entries for review✓
3. Cdetailed ledger supporting control account✓
4. Dprocessing grouped entries together in system✓

Automated bank feed in accounting refers to

1. ASME accounting software package✓
2. Brestricting functions by user role and password✓
3. Cautomatic import of bank transactions✓
4. Dintegrated software managing business processes✓

Cloud accounting in accounting refers to

1. Arecord of all system entries for review✓
2. Baccounting software hosted on remote servers✓
3. Cprocessing grouped entries together in system✓
4. Dcentral module recording all account balances✓

Tally in accounting refers to

1. Arestricting functions by user role and password✓
2. Bpopular accounting software used in South Asia✓
3. Cintegrated software managing business processes✓
4. Ddetailed ledger supporting control account✓

QuickBooks in accounting refers to

1. Aprocessing grouped entries together in system✓
2. Bcentral module recording all account balances✓
3. Cautomatic import of bank transactions✓
4. DSME accounting software package✓

Audit trail report in accounting refers to

1. Aintegrated software managing business processes✓
2. Bdetailed ledger supporting control account✓
3. Caccounting software hosted on remote servers✓
4. Drecord of all system entries for review✓

Batch posting in accounting refers to

1. Adetailed ledger supporting control account✓
2. Baccounting software hosted on remote servers✓
3. CSME accounting software package✓
4. Dprocessing grouped entries together in system✓