Using Dual 1/4" cables with Alesis iO 26?

[BlahZayy1190]

Could I use a Dual 1/4" to Dual 1/4" cable to go from my MPC 500's L/R outputs to the Alesis iO26's Line 1 and Line 2 inputs?

I've been told by numerous people that using splitters will cause you to lose quality, so Im trying to figure out if I can use Dual 1/4" to Dual 1/4" cables. And then just set the volume for each Line input (in this case Line 1 and Line 2) the same.