Which of the following is NOT a major advantage of the pegboard system?

Question

Quizplus · Accepted Answer

The pegboard system is a manual accounting system that uses pegboard cards, which are placed on a pegboard to record business transactions. The system provides many advantages, such as simplifying tasks by working with forms, being relatively inexpensive, and maintaining a write-it-once system. However, the pegboard system does not provide a complete up-to-date balance of accounts payable, which is a disadvantage of the system.

Which of the Following Is NOT a Major Advantage of the Pegboard