Banking · Bank Accounting and Computerisation
How has computerization improved the process of balancing books in a bank?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1By removing the need for the subsidiary ledger altogether.
- 2By requiring manual entry of all transactions in multiple books.
- 3By ensuring that the original entry in the account is automatically posted in all books and balances derived, preventing discrepancies.✓
- 4By eliminating the need to reconcile the control and subsidiary ledgers.
Correct answer
By ensuring that the original entry in the account is automatically posted in all books and balances derived, preventing discrepancies.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Bank Accounting and Computerisation MCQs →Want more practice questions on Bank Accounting and Computerisation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Bank Accounting and Computerisation