Asked by Anabel Guajardo on May 21, 2024
Verified
Garbage in,garbage out: After data has been entered in the system,the output is automatically obtained
A) advantage
B) disadvantage
Garbage In, Garbage Out
A principle in computing and information sciences that suggests the quality of output is determined by the quality of the input data.
Double-Entry Bookkeeping System
An accounting methodology that records each transaction twice, as both a debit and a credit, to ensure the accounting equation balances.
Single-Entry System
An accounting method where each transaction is recorded in a single account, offering a simplistic view of finances.
- Acknowledge the criticality of correct data recording and the notion of "garbage in, garbage out."
- Acknowledge the potential risks and disadvantages associated with computerized accounting systems.
Verified Answer
JC
Jenna CrowleyMay 22, 2024
Final Answer :
B
Explanation :
The phrase "garbage in, garbage out" highlights a potential disadvantage of any system, including double-entry bookkeeping, where the quality of output is directly dependent on the quality of input. It does not specifically denote an advantage of double-entry over single-entry systems.
Learning Objectives
- Acknowledge the criticality of correct data recording and the notion of "garbage in, garbage out."
- Acknowledge the potential risks and disadvantages associated with computerized accounting systems.