Question Tag: Accounting Packages

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FA – May 2012 – L1 – SA – Q33 – Virtual Accounting

Identifying a collection of related data available for use by accounting packages.

A collection or pool of related data which is available for use by any number of application and accounting packages is ……………………….

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FA – Nov 2013 – L1 – SB – Q2b – Accounting Concepts

Explanation of payroll fields and formulae with examples.

Payroll accounting packages process employees’ data and produce the net pay. In view of this, payroll fields and payroll formulae are very important in arriving at the net pay.

Explain the terms “payroll field” and “payroll formulae” and give any THREE examples in each case.

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FA – Nov 2013 – L1 – SB – Q2a – Accounting Concepts

Explanation of the menu system and listing initial menu options in accounting packages.

Micro-computer accounting packages are used by personnel who are not computer programmers or system analysts. For this reason, the packages operate on a “menu system.”

(i) Explain the term “menu system.”
(2 Marks)

(ii) In order of preference, list the typical initial menu options in an accounting package to open and process fresh data in a new file.
(6 Marks)

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FA – May 2012 – L1 – SA – Q33 – Virtual Accounting

Identifying a collection of related data available for use by accounting packages.

A collection or pool of related data which is available for use by any number of application and accounting packages is ……………………….

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FA – Nov 2013 – L1 – SB – Q2b – Accounting Concepts

Explanation of payroll fields and formulae with examples.

Payroll accounting packages process employees’ data and produce the net pay. In view of this, payroll fields and payroll formulae are very important in arriving at the net pay.

Explain the terms “payroll field” and “payroll formulae” and give any THREE examples in each case.

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FA – Nov 2013 – L1 – SB – Q2a – Accounting Concepts

Explanation of the menu system and listing initial menu options in accounting packages.

Micro-computer accounting packages are used by personnel who are not computer programmers or system analysts. For this reason, the packages operate on a “menu system.”

(i) Explain the term “menu system.”
(2 Marks)

(ii) In order of preference, list the typical initial menu options in an accounting package to open and process fresh data in a new file.
(6 Marks)

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