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.
-Information may be accessed almost instantly and made available to different users in different locations 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.
-​Information may be accessed almost instantly and made available to different users in different locations at the same time
A)​advantage
B)disadvantage

Quizplus · Accepted Answer

The ability to access information instantly and share it with different users in different locations simultaneously is an advantage of the double-entry bookkeeping system, primarily due to its structured and comprehensive nature which facilitates easier data management and retrieval.

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

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