Which of the Following Is a Disadvantage of Using the General

question 3

Multiple Choice

Which of the following is a disadvantage of using the general journal for recording transactions?

• A)Using the general journal provides no grouping of transactions by type.
• B)Using the general journal lessens the risk of omission of entries.
• C)Using the general journal provides more details on each transaction.
• D)Using the general journal makes fraud easier to discover.

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Definitions:

Disruptive Innovations

Innovations that significantly alter or disrupt the functioning of markets and industries, often displacing established market-leading firms and products.

Brick-And-Mortar Stores

Physical retail outlets located in buildings as opposed to online or virtual stores, offering face-to-face customer experiences.

Decision Support System

A computer-based system that assists in making decisions by providing relevant data and analysis tools.

Raw Facts

Basic, unprocessed information or data without any analysis or interpretation.