Question

Can you give me 4 features of a good coding system in accounting?

Answer 1

Answer:

THE FEATURES ARE :-

1. A codification system should be a long time process so that proper benefits can deprived from it.

2. The codification system should contain unique codes by experienced workers.

3. The codification system should have a plenty of free spaces.

4. Installing a coding system , proper English grammar and vocabulary must be used for decoding.

Answer 2

Features of a good coding system in accounting

Explanation:

In accounting Coding system is used to assign codes in the form of numbers or letters so that fast search can be created . the codes are not universal rather every firm, business or even accountant may have their own code. A good coding system has the following features-

• A good coding system in accounting should be flexible so that new changes can be adjusted in it.
• short and precise codes must be created so that it makes the system fast
• it should be easy to understand
• each code must be unique so that confusions are avoided.

Learn more:

features of a good coding system in accounting

https://brainly.in/question/9302283