Solved

What Is the Main Feature of the Double-Accounting System

Question 4

Multiple Choice

What is the main feature of the double-accounting system?


A) Each transaction is recorded twice: once as a benefit and once as a cost.
B) The gain of some transactions is so great that the benefit is doubled.
C) Each transaction is recorded once: either as a benefit or as a cost.
D) The net value of a transaction is always 0 .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents