In what way can Artificial Intelligence (AI) have an effect on the accounting of the future?
A) Improve efficiency by allowing processing of large amounts of data.
B) Provide more consistency in decision making by eliminating human biases.
C) Improve fraud detection through training the computer on 'normal' activities and allowing for the prediction of fraudulent activities.
D) All of the above options are correct.

Question

Quizplus · Accepted Answer

Artificial Intelligence (AI) offers many opportunities for accounting in the future. E.g. improved efficiency in processing of transactions, fraud detection, machine learning based predictive models to forecast revenues, financial analysis for decision making.

In What Way Can Artificial Intelligence (AI) Have an Effect