Question Tag: Disruption

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FA – Nov 2023 – L1 – SA – Q20 – Roles of Accountants in Business and the Economy

Assess the impact of technology-driven disruption on the accounting profession.

How has technology-driven disruption affected the accounting profession over time?

  • A. It shielded accounting from disruptions, leading to minimal changes in the industry
  • B. The transition to computerized accounting eliminated the need for accountants’ involvement
  • C. Accountants adapted to a machine-driven environment through new technology and automation
  • D. The accounting profession has seen a decline in employment opportunities due to technological advancements
  • E. Technology has complicated accounting practices without any beneficial outcomes

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FA – Nov 2023 – L1 – SA – Q20 – Roles of Accountants in Business and the Economy

Assess the impact of technology-driven disruption on the accounting profession.

How has technology-driven disruption affected the accounting profession over time?

  • A. It shielded accounting from disruptions, leading to minimal changes in the industry
  • B. The transition to computerized accounting eliminated the need for accountants’ involvement
  • C. Accountants adapted to a machine-driven environment through new technology and automation
  • D. The accounting profession has seen a decline in employment opportunities due to technological advancements
  • E. Technology has complicated accounting practices without any beneficial outcomes

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