Which is a benefit of implementing AI in an accounting firm.?

Reduction in employee benefit costs.

Increased audit risk exposure.

Reduction in tax processing time.

Increase in travel-related expenses.

How can AI assist in fraud detection?

Increasing the costs of medical care through identifying erroneous claims.

Detecting and flagging unusual patterns or anomalous transactions.

Lowering costs for cloud-based services.

Directing financial auditors to potential new clients.

Which is an example of AI that would help management accountants and financial analysts ?

Physical observation of inventory cycle counts.

Reconciliation of manual receipts to petty cash fund.

Predictive financial forecasting of revenue by period.

Determining product return guidelines.

The ability of a car to drive without the benefit of a human operator is part of which AI wave?

Internet.

Business.

Autonomous.

Perception.