RAPID FIRE Question 5 of 5 00:27 How can management accountants leverage blockchain technology? To spend less time focused on redundant reporting and compliance efforts, and instead harness the improved efficiency to focus on higher value-added tasks. O Unless the accounting professional is employed at a public accounting firm, blockchain has limited applicability. O By taking over work and tasks traditionally handled by internal audit professionals. Since blockchain is only being used for audit and tax reporting at the current time, its industry accounting adoption is limited. Since no errors are possible in a blockchain environment, this may ultimately render the role of accounting professionals less important over time. SUBMIT