The steps required in data processing cycle, when thought of in the context of accounting are _____________________.

Data capturing, Source documents, Data storage, Generating and Input of data.

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Source documents, Input of data, Data storage, Manipulation of data and Output of data.

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Source documents, Data capturing, Collecting, Manipulation of data and Interpreting.

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None of the above

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Solution

The correct option is D Source documents, Input of data, Data storage, Manipulation of data and Output of data.
Data processing cycle, when thought of in the context of accounting, requires a series of steps that are source documents, input of data, data storage, manipulation of data and output of data.

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Name the framework of storage and processing of data, in a computerised accounting system.

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