Which statement is a fair comparison of the advantages and disadvantages of paper versus digital financial records?(1 point)

Question

Responses

Paper records are easier to send to another person.
Paper records are easier to send to another person.

Digital records are easier to access if they are nearby.
Digital records are easier to access if they are nearby.

Digital records are easier to store.
Digital records are easier to store.

Digital records are easier to permanently destroy.

Answer 1

The statement "Digital records are easier to store" is a fair comparison of the advantages and disadvantages of paper versus digital financial records.

Advantages of digital records:

• They take up less physical space.
• They can be backed up and stored in the cloud or on various devices.
• They are searchable and can be organized more efficiently.

Disadvantages of paper records:

• They require physical storage space, which can be limited.
• They can be lost, damaged, or destroyed more easily than digital records that are backed up.

Overall, the comparison accurately highlights a significant benefit of digital records over paper records.

Answer 2

SO WHICH ONE?

Answer 3

The best statement that fairly compares the advantages and disadvantages of paper versus digital financial records is:

"Digital records are easier to store."

This highlights a clear advantage of digital records over paper records.