Which of the Following Is a Criticism of the Double-Entry

question 7

Multiple Choice

Which of the following is a criticism of the double-entry financial accounting system?

• A) It has a general inability to take the social and environmental consequences of a reporting entity's existence into account.
• B) It uses a system of debts and credits to account for increases and decreases, instead of positive and negative numbers.
• C) Its initial development in a generally unregulated environment has resulted in a lack of uniformity and comparability.
• D) All of the given options are correct.

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Definitions:

Neutral Stimulus

A trigger that initially elicits no particular reaction except for capturing attention.

Unconditioned Response (UR)

An automatic, natural reaction to a stimulus that occurs without any need for prior learning or conditioning.

Ringing Bell

A sound or signal produced by a bell, often used to mark the beginning or end of an event, or to draw attention.

Conditioned Stimulus (CS)

In classical conditioning, an originally neutral stimulus that, after association with an unconditioned stimulus (US), comes to trigger a conditioned response (CR).