Which Is Probably the Most Immediate and Significant Effect of Database

question 105

Multiple Choice

Which is probably the most immediate and significant effect of database technology on accounting?

• A)Replacement of the double entry-system.
• B)Change in the nature of financial reporting.
• C)Elimination of traditional records such as journals and ledgers.
• D)Quicker access to and greater use of accounting information in decision-making.

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Definitions:

Biological Approach

A perspective in psychological and medical research that emphasizes the importance of physical processes and genetic influences on behavior.

Cross-Situational Consistency

The concept that an individual's behavior and responses are consistent across different situations.

Extraverted Person

An extraverted person is someone who is outgoing, sociable, and thrives in social settings, often feeling energized by interactions with others.

Paradigm

A typical example or pattern of something; a model or framework that sets the standard for others to follow.