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Power failure, computer viruses and hackers
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Once data is encoded into the system,automatically the output are obtained hence theinput data needs to be validated for accuracy,completeness and authorization,
-concept of GIGO (Garbage In -Garbage out )
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Accounting system not properly set up to meet the requirement of the business due to badly programmed or inappropriate software or hardware
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Danger of fraud, if required controls and security, whether internal and external are not properly instituted.
Disadvantages of Using a Computerized Accounting System (CAS)
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