What Is the Major Disadvantage of the Single Entry Bookkeeping

question 3

Multiple Choice

What is the major disadvantage of the single entry bookkeeping system?

• A) It requires extensive training to perform correctly.
• B) It is not commonly used, so it is unfamiliar to most people.
• C) It requires more record keeping than other bookkeeping systems.
• D) There is no method to crosscheck for accuracy of recording and calculations.

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Definitions:

Genital Stage

A stage in Freud's psychosexual development theory occurring from puberty onwards, focused on mature sexual interests.

Phallic Stage

Freud's third stage of psychosexual development, focusing on the genital area as the primary source of pleasure.

Anal Stage

The anal stage is a concept in Freudian psychoanalysis focusing on the period of human development where gratification is centered around bowel and bladder elimination.

Latency Stage

A phase in Freudian psychosexual development occurring between ages six and puberty, where sexual urges are repressed while focus shifts to social and intellectual skills.