Post Utme Nile University 2019 Accounting Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Nile University Accounting examination.

Post Utme Nile University 2019 Accounting Objective / Multiple Choice
Question 20 POST_UTME_NILE_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses the self-balancing ledger system. What is the advantage of this system?

Answer Options

Correct Answer A. It reduces the risk of errors in recording transactions.
B. It increases the risk of errors in recording transactions.
C. It reduces the time taken to prepare the trial balance.
D. It increases the time taken to prepare the trial balance.
Correct Answer
A
Correct Option:
It reduces the risk of errors in recording transactions.

About This Question

This is Post Utme Nile University 2019 Accounting Question 20. It is one of the objective questions from the 2019 Post Utme Nile University Accounting examination.

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