14.8 - Role of Technology in Accounting
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What does 'cloud accounting' refer to?
💡 Hint: Think about where the data is stored.
What is a major benefit of blockchain technology in accounting?
💡 Hint: Focus on trust and verification.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is a primary purpose of cloud accounting?
💡 Hint: Focus on the aspects that enhance teamwork.
True or False: Blockchain technology can help prevent fraud in accounting.
💡 Hint: Think about how transaction verification works.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
A small business owner is considering switching from traditional accounting software to cloud accounting. Discuss the advantages they might realize.
💡 Hint: Think about flexibility and collaboration.
Imagine a scenario where a financial analyst uses blockchain for recording transactions. Evaluate how this could affect the audit process.
💡 Hint: Focus on how auditing interacts with data integrity.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.