Which of the following is not an advantage of fixed asset software systems when compared with spreadsheets?
A)Better ability to handle non-financial data such as asset location
B)Easier to apply different depreciation policies to different assets
C)Manual processes to link to the general ledger
D)Expanded opportunities for customized reporting

Question

Quizplus · Accepted Answer

The manual processes required to link fixed asset data to the general ledger are not an advantage of fixed asset software systems over spreadsheets, as both methods typically require some level of manual intervention for this function. The other options listed are all advantages of using fixed asset software systems.

Which of the Following Is Not an Advantage of Fixed