Technological advancement
A)Has replaced accounting.
B)Has not changed the work that accountants do.
C)Has freed accounting professionals to concentrate more on the analysis and interpretation of information.
D)In accounting has replaced the need for decision makers.
E)In accounting is only available to large corporations.

Question

Quizplus · Accepted Answer

Technological advancement in accounting has not replaced the work that accountants do, but it has made their work more efficient by automating routine tasks. This has freed accounting professionals to concentrate more on the analysis and interpretation of information. Therefore, choice C is the correct answer.

Technological Advancement