11th Standard Syllabus & Materials

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TN 11th Tamil பீடு பெற நில் - செய்யுள் - குறுந்தொகை Important Questions And Answers Study Material - QB365 Set A

11th Standard English Medium Accountancy Subject Computerised Accounting Book Back 3 Mark Questions with Solution Part - II

Published on: 08/06/2021

QB365 provides detailed and simple solution for every Book back Questions in class 11 Accountancy Subject. It will helps to get more idea about question pattern in every book back questions with solution.

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Std: 11th Standard - Accountancy

chapter: - Book back Questions

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Questions:

Generic 3

5 x 3 = 15

Mention any three limitations of computerised accounting system.

Mr. Vivek took a loan of Rs.2,00,000 from State Bank of India, Chennai and number of instalments is 84 months. Calculate the rate assuming payments Rs.3,300 per month using the appropriate function.

Following is the list of students and percentage of marks obtained by them. If a student has secured a minimum of 50%, he is declared pass, else fail.

Student	Percentage of marks
1	59
2	60
3	65
4	45
5	35

There are three salesmen. Two days of sales achievement is given. You are required to find out the salesmen who have achieved a minimum sale of Rs.400 on each day.

Salesman	Day 1	Day 2
Anand	500	250
Balu	600	500
Cibi	250	300

The following are the scores obtained by some students in a competitive examination. Find out the average, the highest and the lowest score using appropriate function in spreadsheet.

	A	B	C	D	E	F	G	H
1	NAME	Anbu	Balu	Gobu	Ramu	Somu	Raju	Anu
2	SCORES	60	80	164	192	104	64	204

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Answers Key:

Generic 3

5 x 3 = 15

(i) Heavy cost of installation:
Computer hardware needs replacement and software needs to be updated from time to time with the availability of newer versions.
(ii) Cost of training:
To ensure effective and efficient use of computerised system of accounting, newer versions of hardware and software are to be introduced.
(iii) Fear of unemployment:
On account of the introduction of computerised accounting system, the employees feel insecure that they may lose employment and show less interest in computer related work.

Procedure
(i) Open a new spreadsheet in MS-Excel
(ii) Enter values in the cells as given below

	A	B
1	Number of instalments (nper)	84
2	Periodic payment (pmt)	3300
3	Loan amount (pv)	-200000
4	FV	0
5	Type	0

(iii) Compute RATE in the cell B6 by the formula
=RATE(B1,B2,B3,B4,B5)*12
Answer 10%

Procedure
1. Open new excel sheet.
2. Input the table as given in the question.
3. Enter the data “Result” in Cell A3.
4. Type the following in Cell B3
B3 = IF(B1 > = 50,”Pass”,”Fail”)
5. Copy the formula from B3 to C3, D3 and E3
Output

Student	Percentage of marks	Result
1	59	Pass
2	60	Pass
3	65	Pass
4	45	Fail
5	35	Fail

Procedure
1. Open new excel sheet.
2. Input the table as given in the question.
3. Enter the data “Achieved” in Cell D1.
4. Type the following in Cell D2:
= AND (B2> = 400,C2 > = 400)
5. Copy the formula in D2 into D3 and D4
Output

Salesman	Day 1	Day 2	Achieved
Anand	500	250	FALSE
Balu	600	500	TRUE
Cibi	250	300	FALSE

Procedure
i) Open a new spreadsheet in MS-Excel
ii) Enter all given values as given in the question.
iii) To find the Average mark in cell B5 give the formula
= AVERAGE(B2:H2)
iv) To calculate the highest score, in cell B3 give the formula = MAX(B2:H2)
v) To find the lowest rank in cell B4 give the formula = MIN(B2:H2)
The average score is 124, the highest score is 204 and the lowest score is 60.