The text explained how database technology may eliminate the need for double entry accounting. This creates three possibilities: (1) the double-entry model will be 

abandoned; (2) the double-entry model will not be used directly, but an external-level schema based on the double-entry model will be defined for accountants’ use; or (3) the double-entry model will be retained in database systems. Which alternative do you think is most likely to occur? Why?

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