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Hyperion Landscaping Ltd currently keeps its accounting records in a manual system, but now intends to move to a computer-based system. Put the following items in the correct chronological order in which Hyperion should deal with them:

  • Investigate suitable software.
  • Get the manual system up to date.
  • Monitor the audit trail for the computer system.
  • Determine the information required from the system, e.g. budgets, statement of comprehensive income.
  • Transfer the account balances from the manual system to the computer system.
  • Back-up the computer records.
  • Determine the source documents and other data to be processed by the system.
  • Investigate suitable hardware.
  • Move wholly to the computer system.
  • Decide on back-up and security arrangements.
  • Run both systems in parallel.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91625585

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