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Question Practice

Why is the double entry system considered more reliable than the single entry system?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Theory Base of Accounting
Question Bank

Why is the double entry system...

Single Answer MCQ
Q-00053863

Why is the double entry system considered more reliable than the single entry system?

1

It records income only

2

It reduces audit complexity

3

It allows tracking of all transactions

4

It avoids all errors

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