Hii need your help Question. Which elements of traditional accounting systems need to bereconsidered in light of automated data processing? Is the role of humanjudgment diminishing?

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Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter4: The Adjustment Process

Section: Chapter Questions

Problem 3Q: What parts of the accounting cycle require analytical processes, rather than methodical processes?...

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What is a computerized accounting system? Write its advantages and disadvantages?
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Identify risks for accounting systems that rely heavily on IT functions.
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Which of the following is a fundamental characteristic of accounting information? Select one: O A. Predictive Value O B. Completeness OC. Faithful Representation O D. Comparability Tin Finish

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Question. Which elements of traditional accounting systems need to be reconsidered in light of automated data processing? Is the role of human judgment diminishing?