Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Before the advent of a money economy,the double-entry accounting system was not feasible.
B) Accounting systems developed in the 18^th century because,by then,most people were literate.
C) Double-entry accounting systems have existed for at least 2,000 years.
D) The double-entry accounting system came about as a result of the Great Depression.