What impact is the presence of factors such as real-time information (such as via the Internet)expected to have upon the demand for assurance services?
A)Demand is expected to decline due to the lack of adequate resources.
B)Demand is expected to grow due to the increase in large corporations.
C)Demand is expected to grow due to the need for forward-looking information.
D)Demand is expected to decline as small businesses use the Internet more.

Question

Quizplus · Accepted Answer

The presence of real-time information via the internet is expected to increase the demand for forward-looking information, which in turn will increase the demand for assurance services. This is because companies will need assurance on the accuracy and completeness of the forward-looking information that they rely on to make decisions.

What Impact Is the Presence of Factors Such as Real-Time