Technology has changed the way in which accounting information is generated and used. Today’s accounting information systems generate vast amounts of data in a fraction of the time required a few years ago. Most companies now have access to technologies that were prohibitively expensive in the recent past. Today’s fast-paced business environment has caused some business leaders to wonder whether accounting information is as relevant to decision making as it once was.

Required
A. Has e-commerce changed the role of accounting information? How?
B. Do you believe that accounting information is more or less relevant today than in the past? Why?