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In a business context, why is it not advisable to depend on memory for recording transactions?
  • a)
    Because transactions are too complex
  • b)
    Because transactions occur too infrequently
  • c)
    Because it is difficult to remember all transactions, especially over a long period
  • d)
    Because accounting software is more accurate
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
In a business context, why is it not advisable to depend on memory for...
Depending on memory for recording transactions is impractical, especially when numerous transactions occur over extended periods. Recording transactions systematically ensures accuracy and completeness, preventing errors and omissions.
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In a business context, why is it not advisable to depend on memory for recording transactions?a)Because transactions are too complexb)Because transactions occur too infrequentlyc)Because it is difficult to remember all transactions, especially over a long periodd)Because accounting software is more accurateCorrect answer is option 'C'. Can you explain this answer?
Question Description
In a business context, why is it not advisable to depend on memory for recording transactions?a)Because transactions are too complexb)Because transactions occur too infrequentlyc)Because it is difficult to remember all transactions, especially over a long periodd)Because accounting software is more accurateCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In a business context, why is it not advisable to depend on memory for recording transactions?a)Because transactions are too complexb)Because transactions occur too infrequentlyc)Because it is difficult to remember all transactions, especially over a long periodd)Because accounting software is more accurateCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a business context, why is it not advisable to depend on memory for recording transactions?a)Because transactions are too complexb)Because transactions occur too infrequentlyc)Because it is difficult to remember all transactions, especially over a long periodd)Because accounting software is more accurateCorrect answer is option 'C'. Can you explain this answer?.
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