​Identify Whether the Following Description Is an Advantage of the Double-Entry

question 57

Multiple Choice

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​The accounting program must be properly set up to meet the requirements of the business;poorly programmed or inappropriate software or hardware or personnel problems can cause more problems

• A)​advantage
• B)disadvantage

Comprehend the principles and applications of cost-benefit analysis in legal changes.

Identify the legal implications of operating a business internationally, including compliance with local laws and regulations.

Understand the role and significance of treaties and comparative law in international legal practices.

Recognize the applications and limitations of public law, private law, and administrative law in specific legal situations.

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Definitions:

Subordinates

Employees or team members who are lower in rank or position and are overseen by a superior or manager in an organizational hierarchy.

Relational Skill

The ability to work effectively with people, including the ability to motivate, coordinate, and advise other people; an important skill required at all levels of leadership—frontline supervisor, mid-level manager, and senior executive.

Effective Delegation

The skill of assigning responsibility and authority to others while maintaining overall accountability for the outcomes.

Successful Leader

An individual who achieves desired outcomes by effectively guiding or influencing the actions and beliefs of others.