IT plays a key role in improving corporate governance practices because most critical business processes are automated and provide the information that managers rely for their decision making.

Question

Quizplus · Accepted Answer

IT systems automate and enable monitoring of various business processes, such as financial reporting, compliance, and risk management. This allows managers to have access to real-time and accurate information, which helps them make informed decisions and improves corporate governance practices.

IT Plays a Key Role in Improving Corporate Governance Practices