Question
Can a Computer take a decision?

Answer

Lakh of Decision-making: Computers are only helpful in taking the decision while they can not take decisions on their own. Decision-making is a complex process which requires a lot of understanding, information, intelligence and ability to decide. Computers need to be programmed beforehand in order to become able to take decisions.

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Similar questions

A firm sells goods at a Gross profit of 25% of sales. On 1st April, 2017 the Stock was ₹ 40,000; Purchases were ₹ 1,10,000 and the Stock on 31st March, 2018 was ₹ 30,000. What was the value of Sales?
Mohan maintains books on Single Entry System. He gives you the following information:
 
Capital on 1st April, 2018 15,200
Capital on 31st March, 2019 16,900
Drawings made during the year 4,800
Capital introduced on 1st August, 2018 2,000
You are required to calculate the Profit or Loss made by Mohan.
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Write any three defects of Incomplete Records.
What is a Trading Account and why is it prepared?
Books maintained by the Single Entry System are not as reliable as they are when maintained following the Double Entry System. Comment.
Calculate the amount of bills receivable dishonoured from the following information.
 
Opening debtors. 45,000
Closing debtors. 56,000
Discount allowed. 2,500
Sales returns. 8,500
Irrecoverable amount. 4,000
Bills receivables received. 12,000
Bills receivable dishonoured. 3,000
Cheque dishonoured. 7,700
Cash sales. 80,000
Cash received from debtors. 2,30,000
Cheque received from debtors. 25,000
In a burglary at the godown of Sunshine Traders on the night of 14th July, 2023,part of the stock was stolen.
From the following particulars, find out the estimated value of loss of stock by theft
 
Stock on 1st April, 202360,000
Purchases from 1st April to 14th July, 20234,10,000
Sales from 1st April to 14th July, 20236,00,000
Stock remaining after a burglary12,000

The normal rate of gross profit for his business is $30 \%$ of the selling price.
From the following information, prepare the Trading Account for the year ended 31st March, 2017:
Adjusted Purchases ₹ 15,00,000; Sales ₹ 21,40,000; Returns Inwards ₹ 40,000; Freight and Packing ₹ 15,000; Packing Expenses on Sales ₹ 20,000; Depreciation ₹ 36,000; Factory Expenses ₹ 60,000; Closing Stock ₹ 1,20,000.
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