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Questions and Answers
Which of the following is true about blockchain technology?
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?
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?
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?
What do chartered accountancy organizations assess in the context of future jobs?
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What does the report conclude regarding the impact of technologies on accounting?
What does the report conclude regarding the impact of technologies on accounting?
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