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The Future of Accounting
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The Future of Accounting

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@IngeniousLove

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Questions and Answers

Which of the following is true about blockchain technology?

  • It has no impact on the accounting sector.
  • It is only applicable in the financial tech industry.
  • It is designed for secure, decentralized, and transparent recordkeeping. (correct)
  • It is primarily used for social media management.

    • What technology is bringing significant changes to accounting?

  • Artificial Intelligence
  • Social Media
  • Big Data
  • Blockchain (correct)

    • What is the main focus of the report mentioned in the text?

  • How technologies affect accountants and skills (correct)
  • Global economic trends
  • Historical developments in accounting
  • The impact of legal changes on accountants

    • What do chartered accountancy organizations assess in the context of future jobs?

    <p>Competencies and project future jobs</p> Signup and view all the answers

    What does the report conclude regarding the impact of technologies on accounting?

    <p>Further research areas are suggested and limitations are highlighted</p> Signup and view all the answers

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