Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 24 - No. 5)
Which of the following is an advantage of using specialized journals?
It increases the time required for record-keeping.
It centralizes all accounting tasks to one person.
It makes it easier to identify errors.
It complicates the accounting process.
Explanation
Specialized journals can streamline record-keeping, thus reducing the likelihood of errors and making them easier to identify.
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