Which Is Probably the Most Immediate and Significant Effect of Database

question 28

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:

Physical Health Hazards

Environmental factors or substances that can cause harm or illness to an individual's physical health in the workplace.

Shared Responsibility Model

A newer approach to safety in the workplace that assumes the best way to reduce accident rates relies on the cooperation of the employer and the employees (who may be represented by a union).

Safety of Members

Measures and practices in place to ensure the physical well-being and health of members within an organization or group.

Compensation Payments

Financial remuneration issued to individuals for loss, injury, or suffering, often related to employment or insurance claims.