FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Blockchain technology will bring the following benefits to the financial statement audit process except: Elimination of manual reconciliations Elimination of fraud Real-time auditing Improved regulatory

Blockchain technology will bring the following benefits to the financial statement audit process except: Elimination of manual reconciliations Elimination of fraud Real-time auditing Improved regulatory complianceThe following are examples of blockchain explorers: Coindesk CoinMarketCap Etherscan Bitpay

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Cost Accounting

Principles Of Cost Accounting

Authors: Edward J. Vanderbeck

15th Edition

978-0840037039, 0840037031

More Books

Students also viewed these Accounting questions

Question

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Auditors are the third pair of eyes for people who use financial statements ( Uzuh,2008). The audit provides users of the financial statements...

Answered: 1 week ago

Question

ACC 640 Keystone Case Study Engagement Overview Keystone Inc., a listed company on a U.S. stock exchange (publicly traded) in the United States, is looking to expand. XBroker was seen as a potential...

Answered: 1 week ago

Question

1.What category of the fraud triangle is offset by instituting independent reconciliations on certain accounts? A. Reconciliations and reviews can help reduce the opportunity risk associated with the...

Answered: 1 week ago

Question

rn rn Anushka (an Australian Tax resident) works as an employee for a child care centre, Brilliant Kids Pty Ltd, on a permanent part-time basis while she runs her business as a day carer for her own...

Answered: 1 week ago

Question

★★★★★
a. Based on these data, calculate the following for 2009 and 2008: 1. Days' sales in receivables 2. Accounts receivable turnover (gross receivables at year-end) 3. Days' sales in inventory 4....

Answered: 1 week ago

Question

★★★★★
LO.5, 10 In connection with 222 (deduction for qualified tuition and related expenses), comment on the relevance of the following: a. The standard deduction is claimed. b. Enrollment at a college...

Answered: 1 week ago

Question

★★★★★
In a study of religious habits of persons living in a city, 500 persons were asked whether they go to church regularly. 240 of them were men, out of which 40 said that they attend a church service...

Answered: 1 week ago

Question

★★★★★
Magnificent Modems, Inc., acquired a subsidiary named Anywhere, Inc. (AI). AI manufactures a wireless modem that enables users to access the Internet through cell phones. The following trial balance...

Answered: 1 week ago

Question

★★★★★
Solve using bisection, false position, newton raphson, and secant methods using MATLAB 1. Bernoulli's equation for fluid flow in an open channel with a small bump is: 2gb2h02Q2+h0=2gb2h2Q2+h+H where...

Answered: 1 week ago

Question

★★★★★
The manager of an investment center is responsible for all of the following except Select one: A. decisions to invest in assets. B. decisions regarding revenues. C. decisions regarding corporate...

Answered: 1 week ago

Question

★★★★★
Consider the following root's loci. 5 4 3 2 O Imaginary Axis (seconds) 3 -4 -5 -20 Root Locus -15 -10 -5 Real Axis (seconds) The angle of departure from the complex poles can be approximated by: A...

Answered: 1 week ago

Question

★★★★★
Use pivot table, privot chart, and basic excel functions to answer the following questions for data in "econ" tab. 1. For each of the variables in the next tab "econ": what is the average, the...

Answered: 1 week ago

Question

★★★★★
Question 18 1 pts For the gear trains sketched in the given figures, compute the output speed of the output shaft if the input shaft rotates at 1750 rpm (Accuracy .X RPM, don't include +'s or -'s...

Answered: 1 week ago

Question

★★★★★
Explain what cloud service the New York Times successfully utilized and the benefit this solution provided.

Answered: 1 week ago

Question

★★★★★
The projectile of the .22LR cartridge fits a barrel with a nominal _________________-inch diameter bore, while the .223/5.56 is designed for a bore with the nominal diameter of .224

Answered: 1 week ago

Question

★★★★★
Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29, 2018): a. Borrowed $18,266 from banks due in two years. b. Purchased additional...

Answered: 1 week ago

Question

★★★★★
What are multinational corporations (MNCs) and what economic roles do they play?

Answered: 1 week ago

Question

★★★★★
25. Lipids provide much of the dietary energy in the bodies of infants and young children. There is a growing interest in the quality of the dietary lipid supply during infancy as a major determinant...

Answered: 1 week ago

Question

★★★★★
28. In single-factor ANOVA with sample sizes Ji (i 1, . . . , I), show that , where n .

Answered: 1 week ago

Question

★★★★★
37. The data set shown above is from the article Compounding of Discriminative Stimuli from the Same and Different Sensory Modalities (J. Experiment. Anal. Behav., 1971: 337342). Rat response was...

Answered: 1 week ago

Previous Question Next Question