Which Is a Negative Aspect of Computerized Documentation

question 15

Multiple Choice

Which is a negative aspect of computerized documentation?

• A) Terminology is not standardized
• B) The records need periodic maintenance and updates.
• C) Data retrieval is difficult and inefficient.
• D) Electronic storage wastes time,space,and resources.

---

Definitions:

Comparative Balance Sheet

A financial statement that presents the financial position of a company at two or more different points in time, allowing for trend analysis.

Financing Activities

Transactions related to raising funds or repaying investors, such as issuing debt or equity, or repaying loans.

Cash Dividend

Cash or stock disbursement from a firm to its owners, typically stemming from the company's profits.

Bonds Payable

Long-term debt instruments issued by corporations or governments, promising to pay the bondholder a specified sum of money at future dates.