Computer Programs

Algorithm
An algorithm is a precise sequence of instructions designed to solve a specific problem. It must be explicitly defined and consist of a finite number of steps. Algorithms are the foundation of computer programs, which are algorithms written in a language that computers can execute.
Application Software
Application software comprises computer programs designed for specific tasks or applications, including accounting programs and audit software. These applications can also be downloadable on mobile devices like smartphones, commonly known as apps.
Canned Program
A canned program is a prewritten computer program available for purchase, often designed to perform a range of common tasks for users with minimal customization.
Debugging
Debugging is the process of identifying, analyzing, and removing bugs or errors from computer programs. It is a critical aspect of software development, ensuring that programs run smoothly and efficiently.
Documentation
Documentation refers to the written descriptions and instructions for computer programs, serving various purposes such as user support, development assistance, and maintenance.
Icon
An Icon is a small graphic representation used to identify a computer program, file, or function within a graphical user interface (GUI). It serves as a quick visual shorthand, helping users navigate and interact with their software more efficiently.
Integrated Office System (IOS)
An Integrated Office System (IOS) is a software suite used primarily in personal computers or small-scale business computers that consolidates multiple functionalities typically performed by standalone applications, such as spreadsheets, word processors, database management systems, and graphics.
Patch
A patch is a small alteration to a computer program, primarily installed as a correction. Though patches are mainly used to fix bugs or plug security vulnerabilities, they can also add functionalities to enhance an aging program's competitiveness.
Program
A multi-faceted term with different meanings across various domains, including organized events and computer instructions.
Software
Software refers to the programs and algorithms that run on computers, making it possible for them to perform specific tasks and functions. Software is a key element in the functioning of any computer system, distinctly separate from hardware, which comprises the physical components of the system.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.