Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 26, 2024

Which of the following is NOT true about Blockchain application in Accounting? Auditors can get the real time data Auditors can go back to any

Which of the following is NOT true about Blockchain application in Accounting?

Auditors can get the real time data

Auditors can go back to any of the previous block without reviewing the whole blockchain system

Blockchain can limit the access to the unauthorized parties

Blockchain benefits the audit confirmation

None of the above, all the descriptions are true

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Financial Accounting

Authors: Robert Libby, Patricia Libby, Daniel Short

5th Edition

0073208140, 978-0073208145

More Books

Students also viewed these Accounting questions

Question

★★★★★

1. What are some of the benefits of budgeting? The article which is (Budget deficit, national debt, and government spending: Is now the right time to cut deficit and reduce national debt?)Identifies...

Answered: 1 week ago

Question

★★★★★

The management of Kunkel Company is considering the purchase of a $36,000 machine that would reduce operating costs by $8.500 per year. At the end of the machine's five-year useful life, it will have...

Answered: 1 week ago

Question

★★★★★

Were any other response-pattern biases evident, such as question order effects, response order effects, or social desirability, acquiescence, recency, or primacy effects?

Answered: 1 week ago

Question

★★★★★

Lobbying Expenses. EarthFriendly, Inc., an IRC Sec. 501 (c) (3) organization, incurred lobbying expenses of $150,000 and exempt purpose expenditures of $1.2 million in carrying out its exempt...

Answered: 1 week ago

Question

★★★★★

Stuart Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $75,000 per concert Required a. What are the total band cost and the cost per person if...

Answered: 1 week ago

Question

★★★★★

Can someone please help me with this problem? A liquid asset can be converted to cash quicky without significantly impacting the asset's value. Which of the following asset dasses is generally...

Answered: 1 week ago

Question

★★★★★

A lab orders a number of chemicals from the same supplier, with a lead time two weeks. The assistant manager of the lab must determine how much of one of these chemicals to order. Usage of the...

Answered: 1 week ago

Question

★★★★★

Spec, Inc.s stock is expected to generate a dividend and terminal value one year from now of P57.00.The stock has a beta of 1.3, the risk-free interest rate is 6 percent, and the expected return...

Answered: 1 week ago

Question

★★★★★

1. Honda is planning to introduce new electric car in 2 years. Describe your role in detail as Procurement and Purchasing Manager of Honda to ensure this product will be ready to launch in two years....

Answered: 1 week ago

Question

★★★★★

The production records of Prince Company for the month of June shows the following: Total Manufacturing Cost Variance P 3,840 U Rate Variance 8,710 F Total material cost variance 2,975 U Total Labor...

Answered: 1 week ago

Question

★★★★★

Based on the facts, what is the primary ethical issue in this case? Who are the stakeholders? What changes could have been made to impact the outcome of this fraud? Research recent developments in...

Answered: 1 week ago

Question

★★★★★

3 What is a competence? What is meant by the competency- based approach to recruitment and selection?

Answered: 1 week ago

Question

★★★★★

1 Why is job analysis important?

Answered: 1 week ago

Question

★★★★★

2 What other tactics might a company use to recruit talent to an emerging industry? Bigmouthmedia is a digital marketing company offering services such as pay per click management, display...

Answered: 1 week ago

Previous Question Next Question