Double-Entry Accounting Requires That the Impact of Each Transaction Be

question 176

True/False

Double-entry accounting requires that the impact of each transaction be recorded in at least two accounts.

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Definitions:

CTU Instruction

A command used in PLC (Programmable Logic Controller) programming to count upwards towards a preset value, often used in automation for tracking or controlling processes.

Counter Structure

A programming construct used to store the number of occurrences or iterations, often used in loops or to track events.