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🔰 DIGITAL PAYMENT SYSTEM 🔰 A digital payment system is an online method of making payments without exchanging physical money. It involves transferring value from one payment account to another using a digital device or channel. Digital payments can be partially, primarily, or fully digital.    Some examples of digital payment systems include:    🔰Bank cards: These include prepaid, debit, and credit cards.    🔰Mobile money: This includes mobile wallets like Apple Pay, Google Pay, and Samsung Pay.    🔰QR codes: These can be used for digital payments.    🔰Wire transfers: These are also a type of digital payment.    🔰Contactless payments: These use near-field communication (NFC) technology to connect cards to devices.    🔰Peer-to-peer payments: These link to the payer and payee's bank accounts to transfer funds.    🔰Biometric authentication: This is a secure way to verify the identity of the person maki...

1. What is cyber ethics? Cyber ethics is a set of moral rules and guidelines for online behavior. It's a branch of ethics that explores the ethical and moral issues that arise in cyberspace, or the electronic worlds made visible by the internet 2. What is cloud computing? cloud computing is the delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the internet (“the cloud”) to offer faster innovation, flexible resources, and economies of scale. Cloud computing is the on-demand delivery of computing services such as servers, storage, databases, networking, software, and analytics. Cloud-based storage makes it possible to save files to a remote source. Cloud data storage platforms include Google Drive, Dropbox, OneDrive, and Box 3. What is the purpose of immigration kiosks in the airport? Immigration kiosks are self-service machines that help passengers complete immigration and border control processes:    Bi...

INFORMATICS MODULE 1 SYLLABUS ⭕⭕⭕⭕⭕ Overview of Information Technology: Cyber ethics, cyber crime, cyber threats, security, and privacy issues, cyber laws in India, cyber addictions and health issues- guide lines for proper usage of computers ⭕⭕⭕⭕⭕⭕ 🔰IT MEANING  Information technology (IT) is the use of computer systems or devices to access information.  1. What is Information Technology ? ➤ Information Technology (IT) is the application of computers and telecommunication technology to obtain, process, store, retrieve & transmit data, in the form of voice, pictures or text or often in the context of a business or other enterprise. ➤ IT can do atleast 3 things: 👉It can process raw data into useful information. 👉It can recycle processed information & use it as data in another processing step. 👉It can pack information in a new form so its easier to understand, more attractive, or more useful. IT merges computers with communication to make it information technology. Th...

🔰PREVIOUS COST ACCOUNTING IMPORTANT THEORY QUESTIONS🔰 1.Explain how time booking differs from time keeping. 2. What is the purpose of maintaining both Bin Card and Stores ledger system? 3.How do Cost Accounting and Financial Accounting differ from each other? 4.Outline the functions of Costing in detail.? 5.Distinguish between normal loss and abnormal loss. 6. Comment on: a) VED analysis b) JIT approach c) ABC analysis. 7.WHAT IS COSTING? 8.WHAT IS TIME KEEPING? 9.WHAT DO YOU MEAN BY IDLE TIME? 10.DIFFERENCE BETWEEN FIXED COST & VARIABLE COST? 11.WHAT IS ESCALATION COST? 12.What do you mean by direct materials ? 13.What is meant by job evaluation ? 14.Define overheads. 15. Explain cost allocation. 16. What is joint cost? 17.Explain uniform costing. 18. What is the purpose of calculating EOQ? 19. Explain Re-order level of materials. 20. Difference between Joint product and By product 21.What do you mean by Inventory control? 22.What is centralised buying? ...

🔰STOCK & DEBTORS SYSTEM ( ANALYTICAL SYSTEM ) 🔰🔰PREVIOUS YEARS QUESTION PAPER BASED THEORY QUESTIONS AND ANSWERS🔰🔰👇👇 ⭕🔰ADVANTAGES & DISADVANTAGES OF AVCOUNTING⭕🔰 Accounting is the process of recording, analyzing, and reporting a business's financial transactions. It also refers to the principles and procedures of this system 🔰Advantages of Accounting Maintenance of business records Preparation of financial statements Comparison of results Decision making Evidence in legal matters Provides information to related parties Helps in taxation matters Valuation of business Replacement of memory ⭕Maintenance of business records It records all the financial transaction pertaining to the respective year systematically in the books of accounts. It is not possible for management to remember each and every transaction for a long time due to their size and complexities. ⭕Preparation of financial statements Financial statements lik...