Which of the Following Statements Is True

question 88

Multiple Choice

Which of the following statements is true?

• A)Before the advent of a money economy,the double-entry accounting system was not feasible.
• B)Accounting systems developed in the 18^th century because,by then,most people were literate.
• C)Double-entry accounting systems have existed for at least 2,000 years.
• D)The double-entry accounting system came about as a result of the Great Depression.

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Definitions:

Basically Incompetent

An informal description implying that an individual lacks the basic skills or abilities to perform effectively in a particular task or role.

Hard Workers

Individuals who consistently exert a great deal of effort in their tasks and responsibilities, often going above and beyond what is expected.

Indolent Workers

Employees who show a lack of activity or effort in their duties, often avoiding tasks or doing them slowly.

Gender Gap

The differences in opinions, attitudes, behaviors, or attributes between men and women.