PharmaONE Plans to Use Its Computers to Post Information from Journals

question 354

Multiple Choice

PharmaONE plans to use its computers to post information from journals to the ledger instantaneously. One obvious benefit of this technology is

• A) a reduction in the number of accountants required by the firm.
• B) less scrutiny from agencies such as the Internal Revenue Service.
• C) to shift financial decision making from people to programmed technology.
• D) readily available financial information.

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Definitions:

Self-Managing Teams

Groups of employees empowered to make decisions, manage tasks, and resolve problems without direct supervision, aiming to improve efficiency and job satisfaction.

Participative Decision Making

A decision-making process that involves consultation with, and input from, all stakeholders or team members before making a final decision.

Principled Leadership

Leading based on defined moral principles, often characterized by integrity, honesty, and ethical decision-making.

Multi-Step Process

A procedure or task that involves several stages or phases to complete.