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Questions and Answers
What is the driving force behind the transformation of accountants' work globally?
What is the driving force behind the transformation of accountants' work globally?
- Increased demand for traditional accounting services
- Global economic recession
- Technical improvements, globalization, and legal changes (correct)
- Rapid adoption of artificial intelligence in accounting practices
What is the primary impact of blockchain technology on accounting?
What is the primary impact of blockchain technology on accounting?
- Limited impact on accounting practices
- Enhanced security, decentralization, and transparency in recordkeeping (correct)
- Increased efficiency in financial reporting
- Reduction in the need for accountants
What do professional accounting agencies emphasize in training for accountants?
What do professional accounting agencies emphasize in training for accountants?
- Traditional accounting methods
- IT integration (correct)
- Blockchain development
- Social media marketing
What is the main purpose of blockchain technology in various sectors, including accounting?
What is the main purpose of blockchain technology in various sectors, including accounting?
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What is the focus of the report that reviews the impact of technologies on accountants and skills?
What is the focus of the report that reviews the impact of technologies on accountants and skills?
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What is a key feature of a permissioned blockchain framework?
What is a key feature of a permissioned blockchain framework?
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How does the immutable ledger framework enhance security in blockchain?
How does the immutable ledger framework enhance security in blockchain?
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What does a permissioned blockchain framework emphasize regarding network participation?
What does a permissioned blockchain framework emphasize regarding network participation?
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