Question

What is the feature of Single Entry System?
(a) Lack of uniformity
(b) Suitability
(c)
Depends on original voucher (d) All of the above​

Answer 1

Answer:

(d) all of the above

Lacks Fixed Rules And Principles. ...

Incomplete Accounting System. ...

Lacks Arithmetical Accuracy. ...

No Final Accounts. ...

No True Profit Or Loss. ...

No Disclosure Of Financial Position. ...

Suitable For Small Business Firms. ...

Economical System.