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Increased Use of Automated Technology for Processing Cash Transfers Decreases

question 157

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Increased use of automated technology for processing cash transfers decreases the need to rely on internal controls.


Definitions:

Exploratory Innovation

Innovation focused on investigating and experimenting with new ideas or technologies without a predetermined application.

Radical Thinking

A form of thought that challenges traditional ideas and seeks profound systemic changes, often leading to innovative solutions.

Programmed Decisions

Decisions that are routine and repetitive, often made through established processes or policies.

Exploratory Innovation

The process of introducing new products or services by exploring and experimenting with novel ideas.

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