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introduction to accounting
Questions and Answers of
Introduction To Accounting
What is the difference between robots and robotics?
What is the difference between robotics and artificial intelligence?
What is the difference between a humanoid, android, and gynoid robot?
What is the most important part of a robot? Why?
What is the most common robotic programming language?
What is the best way to classify robots? Why?
What is the most important business value of robots?
How can using robots improve work satisfaction and engagement?
How can human beings best compete with robots in the workplace?
What fve types of sensors can have the greatest impact on the capability of a robot and how can a robot use the information from each type sensor?
What is the most important ethical issue in relation to using robots?
How can robots be used to reduce business risk?
What are three examples of product innovation using robots?
What are three examples of business model innovation using robots?
What is the diference between a helicopter-sized drone, a helicopter, and a fying robot?
What is the most important sensor on a drone?
What is the smartest part of a drone?
What is the minimum and maximum number of propellers a drone can have?
How could artifcial intelligence be used in a drone?
Could a drone be used to autonomously trim a hedge? How could it work?
What is the biggest public concern about drones?
What is the biggest legal issue in relation to drones?
What is the most important business value of drones?
How is a 3D printer diferent from a 2D printer?
Can a 3D printer be used for 4D printing?
Which is a more important technology, 3D printing or additive manufacturing?
If you had an old machine for which there were no longer any repair parts being made, how would you go about using a 3D printer to solve that problem?
What is the cheapest and most expensive type of 3D printing technology?
Which 3D printing technology is best for making products out of metal?
Which 3D printing technology is best for making decorative glass products?
Are 3D-printed products as good as those manufactured traditionally?
Will 3D printing be bigger than the internet? Why?
What is the best 3D printer for consumer use? Why?
What is the best 3D printer for industrial use? Why?
What types of services are provided for 3D printing as a service (3DaaS)?
What is the most serious strategic risk for businesses in relation to adopting 3D printing?
Explain in plain language how a cellular network works?
What could you do with 2G that was not possible with 1G?
What can you do with 5G that you can’t do with 4G?
What is an example of a product innovation opportunity presented by 5G and 6G?
What is an example of a business model innovation opportunity presented by 5G and 6G?
What are the potential financial costs and risks of adopting 5G too early?What about the risks of adopting it too late?
What is an example of a product innovation opportunity presented by Satellites GPS III or LEO satellites?
What is an example of a business model innovation opportunity presented by GPS III or LEO satellites?
Which LPWA or LPWAN technology would you use if you frequently took travelers on remote tours and relied on IoT devices to improve the traveler experience?
Which type of LPWA or LPWAN is likely to be the most widely accepted and why?
What is an example of a product innovation opportunity presented by Bluetooth, and NFC, Smart Bluetooth, or Beacons?
What is an example of a business model innovation opportunity presented by NFC, Smart Bluetooth, or Beacons?
What is the difference between blockchain and a distributed ledger?
What are three different metaphors you could use to explain to your grandmother how blockchain works?
Is blockchain trustworthy? Why?
What is the difference between blockchain, Bitcoin, Ethereum, and Ripple (XRP)?
What is the difference between a public key and a private key?
What are the four main components of a blockchain ecosystem?
What are the different types of blockchain and what is the value of each?
Identify and explain the six top features or properties of blockchains.
What is a blockchain block and how is it created?
Can blockchain blocks be modified?
What type of data can be stored in a blockchain?
What is the double spending problem and how does blockchain overcome it?
What is a consensus algorithm?
Identify and explain ten different types of consensus algorithm.
What are the top five platforms for developing blockchain applications?
How is a smart contract different from a normal contract?
How is a dApp different from a normal app?
Explain how cryptocurrency mining works.
What problems does blockchain sharding solve?
What are the top five blockchain applications or types of use cases?
What are the top five accounting organizations successfully leveraging blockchain technology and how are they using it?
What is the business value of blockchain? What six areas of business value have been identified in this chapter?
Of all the blockchain use cases, which offers the biggest opportunity for cost reduction?
Of all the blockchain use cases, which offers the best opportunity for business model innovation?
Of all the blockchain use cases, which offers the best opportunity for product innovation?
Of all the blockchain use cases, which offers the best opportunity for safeguarding the security and privacy of stakeholder data?
Of all the blockchain use cases, which offers the best opportunity to enhance the adaptability and agility of organizations?
What is accelerated learning?
What is learning efficiency?
What is the difference between accelerated learning and learning efficiency?
What are three individual beliefs / attitudes / traits that drive learning efficiency?
What are the top four drivers of learning efficiency?
What is the role of digital technologies in learning efficiency?
How do digital technologies enhance learning efficiency?
What is the relationship between digital technologies, learning efficiency, and an accountant’s ability to keep up with digital technologies?
Do you agree that data is the new oil? What are three arguments for and against the view that data is the new oil?
What is the biggest organization to have compromised the security and privacy of customer or employee data? What role could accountants have played in preventing this breach?
What personal data are you emitting each day (e.g. via social media, search engines, mobile devices etc.)?
What are some practical strategies for protecting your privacy?
What can accountants do to minimize the risks to their employers’ data?
What is the difference between raw data, unstructured data, and structured data?
What is clean data and what does the data cleansing process involve?
What is the difference between a database, a data warehouse, and a data lake?
If an organization has a data lake, can it do without a data warehouse?
What are five free open data sources that could be useful to accountants and how could they be useful?
What are three open data use cases in the accounting function?
What are three ways you can use big data to improve your performance as an accountant?
Imagine you are a finance manager and you have the choice between two candidates to fill a vacant financial accounting position. One candidate has five years more experience including a stint at a
What is the difference between business intelligence and business analytics?
Which of the “example tools and vendors” are open source products or product providers?
Which of the BA and BI tools identified in “example tools and vendors” are suited to enterprise level customers, and which are suited to small / medium-sized business customers?
What is the difference between data science and data analytics?
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