1.
Computer ensures accuracy of processed data once the correct data has been
fed into the computer
2.
They
provide rapid retrieval of information for example , the status
of supplies account could be viewed on the computer screen
3.
They enable individual mangers to obtain across to information
needed
4.
They
can carry out calculations that would be time consuming or practically
impossible by other means . specific areas
of application with regards to planning
and budgetary control
include
-
Linear
programming to establish optimum production level
-
Marginal
cost and revenue calculations for profit maximization
-
Updating
of standards under a standards costing system
or budget under a system of rolling plan
-
Trend
, analysis for sales forecasting