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27 0/1 Sage accounting software uses both numerical (four-digit number only) and alpha-numerical (number and letter) systems for account coding. This systems is used to
27 0/1 Sage accounting software uses both numerical (four-digit number only) and alpha-numerical (number and letter) systems for account coding. This systems is used to enable operators to access to fixed (secure) data files when creating transactions. The use of codes as key field takes away the potential inaccuracies of user input (interpretation) and maximises the speed and accuracy of report output though standardised syntax. Now examine the following statements about the Sage computerised accounting system: 1. Sales and purchase ledger file personal account records must have an alpha-numerical (letter and number) code identity and nominal ledger account records must have a numerical (four-digit number) code identity only. ii. Sales and purchase ledger file personal account records, and nominal ledger account records can use either a numerical (four-digit number) code identity or an alpha-numerical (letter and number) code identity. iii: Sales and purchase ledger file personal account records, and nominal ledger account records must use a numerical (four-digit number) code identity only. Alpha-numerical (number and letter) codes cannot be used for record identification by this software. iv. Sales and purchase ledger personal account records may use either a numerical (four-digit number) or an alpha-numerical (letter and number) code identity but nominal ledger accounts must use a numerical (four- digit number) code identity only. Which of the above statements are true? Hide answer choices A li only. B iv only. C i and iii. ii and
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