What does the Old and New GL Impact log track?

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The Old and New GL Impact log is specifically designed to track changes to financial transactions within the system. This log plays a critical role in providing transparency and accountability regarding any modifications made to the general ledger. It records how financial entries have been altered, which can include various factors such as changes to amounts, accounts involved, or transaction details.

This tracking is essential for businesses that need to maintain accurate financial records and adhere to compliance requirements. By analyzing the data logged in this impact log, accountants and financial managers can trace how specific transactions have evolved over time, providing an audit trail that is vital for both internal reviews and external audits.

The other options focus on different aspects of system functionality that do not pertain to the tracking of financial transactions. For instance, login attempts, data encryption, or user settings are unrelated to the monitoring of changes in the general ledger's financial entries. The focus on transaction history makes option A the best fit for what the Old and New GL Impact log captures.

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