Numerical answer
Five sentences related to a topic are given below. Four of them can be put together to form a meaningful and coherent short paragraph. Identify the sentence that does not fit and key in its number as your answer.
1. Double-entry bookkeeping, in which every transaction is recorded as both a debit and a credit, emerged in Italian trading cities during the late medieval period.
2. Its central innovation was that the two entries must always balance, providing a built-in check against arithmetic error and, to some degree, fraud.
3. Merchants who adopted the method could track profit and loss on individual ventures with a precision earlier single-entry records could not offer.
4. Venetian merchants of this era traded extensively in spices, textiles and other goods brought from across the Mediterranean and beyond.
5. Some historians credit the spread of double-entry bookkeeping with helping to make modern capitalist accounting, and eventually corporate finance, possible.
1. Double-entry bookkeeping, in which every transaction is recorded as both a debit and a credit, emerged in Italian trading cities during the late medieval period.
2. Its central innovation was that the two entries must always balance, providing a built-in check against arithmetic error and, to some degree, fraud.
3. Merchants who adopted the method could track profit and loss on individual ventures with a precision earlier single-entry records could not offer.
4. Venetian merchants of this era traded extensively in spices, textiles and other goods brought from across the Mediterranean and beyond.
5. Some historians credit the spread of double-entry bookkeeping with helping to make modern capitalist accounting, and eventually corporate finance, possible.
Show answer and solution
Answer: 4
Sentences 1, 2, 3 and 5 trace a coherent line about double-entry bookkeeping: its origin (1), its structural innovation (2), the practical advantage it gave merchants (3), and its long-run historical significance (5). Sentence 4 describes what Venetian merchants traded, a fact about commerce generally rather than about the bookkeeping method itself, making it the sentence that does not fit.
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