Double-entry bookkeeping can help identify a recording error made by a bookkeeper.

Name: Double-entry bookkeeping can help identify a recording error made by a bookkeeper.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Double-entry bookkeeping requires every transaction to be recorded in at least two accounts, providing a cross-check for accuracy. If a recording error is made by a bookkeeper, it will show up as a discrepancy between the two accounts and can be identified and corrected.

Double-Entry Bookkeeping Can Help Identify a Recording Error Made by a Bookkeeper