The Main Advantage of a Two-Column Account Is That It

question 85

True/False

The main advantage of a two-column account is that it maintains a running balance.

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Definitions:

Breach of Confidence

The violation of a private trust through unauthorized disclosure of confidential information.

Confidential Information

Information not made public that is viewed as the property of the holder, which could include trade secrets, business plans, or personal information.

Unlawful Conduct

Actions or behavior that are illegal or not permitted by law.

Economic Relations

The interactions and interdependencies between economic agents, including countries, organizations, and individuals, as they engage in production, exchange, and consumption of goods and services.