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Which of These Is Not an Advantage of Using Special

question 45

Multiple Choice

Which of these is not an advantage of using special journals compared to recording all transactions in a general journal?


Definitions:

Represents

To act on behalf of someone or something, often in a legal or official capacity.

Independent Contractor

An individual who provides services to another entity under a contract for services, retaining control over how the services are performed.

Specific Undertaking

A precise commitment or obligation that a party agrees to carry out.

Limited Liability Partnership

A partnership in which some or all partners (depending on the jurisdiction) have limited liabilities, protecting them from the debts of the partnership and other partners' actions.

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