Question

What do these terms mean? Numeric classification

Archives

Subject classification

Computerised systems

Keyword classification

Information management system

Alphanumeric classification

System integrity

Manual systems

Chronological classification

Answer 1

Answers : -

1) Numeric Classification : - Numeric classification in accounting means assessment of the relative contribution of the intangible assets to the aggregate tangible assets value based on Managerial point of view for strategicpplanning.

2)Archives : - The archives are the collections of the documents and records that contain historical or previous old transactions or information. Archive material is information that comes from archives.

3)Subject classification : - The process of organising materials according to the schemes, identification, differentiation or to the related concepts or topics.

4) Computerised system : - A computerised system is consist of the computer system with which the functions and process are controlled. It is designed to collect, record and classify financial data and decisions making.

5) Keyword classification : - Keyword classification system is to perform the task with its content descriptors which are systematically listed.

6)Information management system : - It is an information system used for making decisions and for coordination, to control and for analysing the information of the organisation or company.

7)Alphanumeric classification : - It is a method used for classifying materials for storage purpose and access through use of letters ad digits that represent a concept.

8)System integrity : - The conditions of the system where the mandatory parameters of operational and technical are within the limits prescribed by the company.

9)Manual systems : - The manual system is a bookkeeping system of the records where it is maintained by writing and without the help of the computers.

10)Chronological classification : - When the data is recorded according to the occurance of the transaction, the classification by such methods is called as chronological classification.

* Note : - the meaning or definition of above terms are explained by the accounting view.