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Author Question: Which is probably the most immediate and significant effect of database technology on accounting? (Read 8 times)

abern

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Which is probably the most immediate and significant effect of database technology on accounting?
◦ Replacement of the double entry-system.
◦ Change in the nature of financial reporting.
◦ Elimination of traditional records such as journals and ledgers.
◦ Quicker access to and greater use of accounting information in decision-making.


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Marked as best answer by abern on Apr 8, 2019

nhea

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abern

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Reply 2 on: Apr 8, 2019
Great answer, keep it coming :)


blakcmamba

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Reply 3 on: Yesterday
Wow, this really help

 

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