What are the major reasons for using AI in accounting?
Question:
What are the major reasons for using AI in accounting?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
AI Artificial Intelligence is increasingly being used in the field of accounting due to several compelling reasons These reasons encompass a range of benefits that AI offers to accounting professional...View the full answer
Answered By
Tushan Sharma
As a tutor, I have had the privilege of empowering and guiding numerous students on their academic journeys. With a passion for teaching and a commitment to fostering a supportive learning environment, I've been able to help students grasp challenging concepts and build their confidence in various subjects. Through personalized approaches and interactive methods, I strive to cater to each student's unique learning style and individual needs. Witnessing the growth and success of my students brings me immense joy and fulfillment, and I continuously seek to adapt and improve my tutoring techniques to ensure their academic progress and overall development.
0.00
0 Reviews
10+ Question Solved
Related Book For
Analytics Data Science And Artificial Intelligence Systems For Decision Support
ISBN: 9781292341552
11th Global Edition
Authors: Ramesh Sharda, Dursun Delen, Efraim Turban
Question Posted:
Students also viewed these Business questions
-
What are the major reasons for standardizing an international advertising program?
-
What are the major reasons for standardizing an international advertising program? Discuss.
-
What are the major reasons for standardizing an international advertising program?
-
The Best Buy Co. Inc. 10-K report has the following footnote related to leasing activities. The future minimum lease payments under our capital and operating leases by fiscal year (not includ- ing...
-
The U.S. Bureau of Labor Statistics publishes data on the benefits offered by small companies to their employees. Only 42% offer retirement plans while 61% offer life insurance. Suppose 33% offer...
-
Analyzing how effective sustainability management makes firms more competitive and improves their financial performance. LO-3
-
You make an investment and the annual returns are as follows: Year Return 1 25% 2 3 3 218 4 210 5 15 The average annual return is 3 percent. What is the true annualized return?
-
What social and/or cultural factors played a role in this consumer purchasing the smartphone and data plan? Which ones do you think were most important and why?
-
1.The Medical Record Committee has established a performance indicator threshold of 98% for monitoring ongoing compliance with meeting the operative report and H&P JC standards when measured against...
-
Katrina Aung opened Katrina's Catering on September 1, 2020. During the first month of operations, the following transactions occurred: Sept. 1 2 3 3 6 10 15 20 25 29 30 30 30 Invested $15,000 cash...
-
What are the new ways that banks interact with customers by using AI?
-
Distinguish between fully automated and supported decision making.
-
Add the following 16s complement hexadecimal numbers 4F09 D3A5 Is your result positive or negative? How do you know? Convert each number to binary and add the binary numbers. Convert the result back...
-
Micro-Brush requires a new component for their laptop cleaning machines. The company must decide whether to make or buy them. If it decides to make them. Should it use process A or process B? Use a...
-
Moving from a fee-for-service to a managed care delivery system set up a series of expectations (page 421). How many of these expectations are realistic? How many have been realized?
-
2. A 55 kg human is shot out the end of a cannon with a speed of 18 m/s at an angle of 60. Ignore friction and solve this problem with energy conservation. As he exits the cannon, find: a. horizontal...
-
Theoretical Background: Information Assurance (IA) architecture also known as security architecture is about planning, integrating and continually monitoring the resources of an organization so they...
-
AZCN recommends Microsoft Lens or Adobe Scan; download one of these to yo phone via your phone's app store 2. Place the document you want to scan on a flat, well-lit surface. Make sure the document...
-
Gwen is a tax accountant who works very hard for a large corporate client. The client is pleased and gives her a gift of $10,000 at year-end. How much of the gift is taxable to Gwen?
-
Information graphics, also called infographics, are wildly popular, especially in online environments. Why do you think infographics continue to receive so much attention? How could infographics be...
-
How can text mining be used in security and counterterrorism?
-
What are the main steps in the text mining process?
-
What is singular value decomposition? How is it used in text mining?
-
Read the following and then answer the questions below:September 12: A Brisbane business offers by letter to sell 500 tyres to a New Zealand company. The Brisbane company does not specify a method of...
-
Fred returns home from work one day to discover his house surrounded by police. His wife is being held hostage and threatened by her captor. Fred pleads with the police to rescue her and offers...
-
Would like you to revisit one of these. Consideration must be clear and measurable.if you can't measure it then how can you show it has / has not been done?How can you sue someone for breach of...
Study smarter with the SolutionInn App