There Is No Way a Manufacturing Firm Would Implement an Internet

question 10

True/False

There is no way a manufacturing firm would implement an Internet of Things because the risk of hacking is far too high.

---

Definitions:

Accounting Equation

The foundation of double-entry bookkeeping, stating that Assets = Liabilities + Owners' Equity.

Excess Space

Excess space refers to the additional or unused space within a property or facility that exceeds the current needs of the occupants or users.

Materiality Constraint

An accounting principle that allows for the exclusion of insignificant financial information from reports because it would not impact decision-making.

Accounting Information

Data related to financial transactions and status of a business, used for analysis, decision making, and financial reporting.