Which of the Following Would Not Be a Benefit of Using

question 119

Multiple Choice

Which of the following would not be a benefit of using ERM?

• A)Enabling the company to access and use the content contained in documents.
• B)Cutting labor costs by automating business processes.
• C)Increasing costs associated with printing,storing,and searching for content
• D)Reducing the time and effort required to locate information the business needs to support decision making.

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Definitions:

Transactions

Transactions refer to the exchange of goods, services, or financial assets in business activities.

Journal Entries

The method of recording financial transactions in an accounting system, where each transaction is entered twice to maintain the balance of the accounting equation.

Transactions

The events or interactions between businesses or individuals that have economic substance and can be measured in terms of money.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, used to ensure the accounting entries are in balance.