Question: Computers have drastically altered the way accounting records are maintained. Almost all businesses now keep at least some of their accounting records on computers. However,

Computers have drastically altered the way accounting records are maintained. Almost all businesses now keep at least some of their accounting records on computers. However, the most visible output of the accounting system, the financial information included in the annual report, is still prepared and disseminated the old-fashioned way—on paper. What types of changes in companies’ annual reports are likely to occur over the next 10 to 15 years as a result of the increasingly widespread use of computers?

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