Question
An entry with more than one debit or credit is known
asSolution
A compound entry is an accounting entry with more than one debit or credit. It is used to record transactions that involve multiple accounts. Compound entries are more efficient than multiple single entries because they can be recorded in one step. They also provide a more complete record of the transaction by showing all of the accounts affected by the transaction.
- Which of the following is the primary characteristic of Infrastructure as a Service (IaaS) in cloud computing?
Which design pattern is best suited for ensuring that a class has only one instance and provides a global point of access to it?
Which data structure uses FIFO (First In, First Out)?
Which design pattern is best suited for managing the creation of objects without specifying their concrete classes?
Which of the following best differentiates between server-based virtualization and hypervisor-based virtualization?
Which of the following allows dynamic memory allocation?
Which algorithm constructs a suffix tree in linear time?
In asymmetric encryption, which of the following statements is correct?
Which traversal method visits the root node first in trees?
RISC stands for:
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