Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-Programs come with a computerized ledger system,which is fully integrated,so when a business transaction is entered,it is recorded or linked to a number of accounting records at the same time
A)advantage
B)disadvantage

Question

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Programs come with a computerized ledger system,which is fully integrated,so when a business transaction is entered,it is recorded or linked to a number of accounting records at the same time
A)​advantage
B)disadvantage

Quizplus · Accepted Answer

The double-entry bookkeeping system's integration with computerized ledger systems, allowing simultaneous recording in multiple accounting records, is an advantage as it enhances accuracy and efficiency in financial tracking and reporting.

​Identify Whether the Following Description Is an Advantage of the Double-Entry

Identify Whether the Following Description Is an Advantage of the Double-Entry