The continued integration of IT in accounting systems can impact a company by:
A)increasing the costs of handling a large amount of data.
B)increasing the number of manual controls needed.
C)giving management higher-quality information more quickly than a manual system, thus helping management in their decision making process.
D)decreasing the segregation of duties.

Question

Quizplus · Accepted Answer

The integration of IT in accounting systems can improve the speed and accuracy of processing large amounts of data, providing management with higher-quality information faster than a manual system. This can aid in decision-making processes. However, it may also increase the need for manual controls and segregation of duties to ensure the accuracy and security of the data. Increased costs may also be a factor, but this is not necessarily the most significant impact. Option D, decreasing the segregation of duties, is incorrect because IT systems can actually enhance segregation of duties by allowing different users access to different parts of the system based on their roles and responsibilities.

The Continued Integration of IT in Accounting Systems Can Impact