Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 34 - No. 23)
What are the advantages of dividing the task of record-keeping between different people within an organisation?
It increases the number of errors because the records are kept by different people.
It can improve the efficiency because each person specialises in one function.
It assists in identifying any errors because the information is divided.
It reduces the time required to maintain accounting records.
Explanation
This division of tasks promotes accuracy and reduces work load.
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