Q.The core efficiency idea behind a Computerised Accounting System's report generation is best described as:
(A) Enter the data many times, get one report
(B) Enter the data once, generate many reports from the same data
(C) Every report needs its own separate data entry
(D) Reports can only be generated once a year

A Chart of Accounts assigns a unique code to every ledger account and the broader group (Assets, Liabilities, Capital, Income, Expenses) it belongs to, letting a CAS classify every voucher correctly and roll up totals automatically — the same grouping logic a manual accountant applies mentally, now applied consistently by software. Once vouchers are entered, the SAME underlying data automatically genera …