Which of the following is likely to be an advantage of the advancement of technology on financial reporting?
A. Users of financial information will have access to more information.
B. The quality and reliability of the information may be compromised.
C. Equal and fair access may be at issue.
D. Internet reporting will increase costs.
Answer:A
Which of the following is likely to be an advantage of the advancement of technology on financial reporting?
A. Users of financial information will have access to more information. B. The quality and reliability of the information may be compromised. C. Equal and fair access may be at issue. D. Internet reporting will increase costs.