​The accounting program must be properly set up to meet the requirements of the business;poorly programmed or inappropriate software or hardware or personnel problems can cause more problems

A) ​advantage
B) disadvantage

Double-Entry Bookkeeping System

A method of accounting where every transaction is recorded in at least two accounts, with one account being debited and another credited, ensuring the accounting equation balances.

Single-Entry System

An accounting method where each financial transaction is recorded with only one entry, making it simpler but less detailed than double-entry systems.

Accounting Program

An educational curriculum designed to prepare students for careers in financial reporting, auditing, tax, and management accounting.