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Which of the following statements is true? Before the advent of a money economy, the double-entry accounting system was not feasible Double-entry accounting systems have

Which of the following statements is true?

Before the advent of a money economy, the double-entry accounting system was not feasible

Double-entry accounting systems have existed for at least 2,000 years

The double-entry accounting system came about as a result of the Great Depression

Accounting systems developed in the 18thcentury because, by then, most people were literate

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