Describe 3 advantages and 3 disadvantages of the use of cyber security in the accounting profession. For
Fantastic news! We've Found the answer you've been seeking!
Question:
Describe 3 advantages and 3 disadvantages of the use of cyber security in the accounting profession. For the advantages, describe how/why these are advantages to the accounting profession and for the disadvantages, describe why they are disadvantages, how serious these disadvantages are and whether there are any ways to overcome these disadvantages.
Expert Answer:
Answer rating: 100% (QA)
Accounting firms are the backbone of our countrys economy They manage the financial data of multiple businesses small or large and help them file their taxes Because they play such an important role i... View the full answer
Posted Date:
Students also viewed these general management questions
-
Describe three advantages and three disadvantages of globalization.
-
Describe two advantages and two disadvantages of thin client computing?
-
Describe for a client five advantages and two disadvantages of disposing of property by gift instead of at death.
-
On July 1,the first day of their fiscal year, the City of Denver sold bonds with a face value of $10,000,000 at 102 percent par. The bonds bear annual interest at 6 percent; interest is payable...
-
Refer to the information for Smooth Move Company on the previous page. Suppose a customer wants to have its company logo affixed to each paperweight using a label. Smooth Move would have to purchase...
-
In providing accounting services to small businesses, you encounter the following situations pertaining to cash sales. 1. Warkentinne Company rings up sales and sales taxes separately on its cash...
-
An electron and a proton are fired in opposite directions, and at the instant they are nearest each other, their separation distance is \(3.0 \mu \mathrm{m}\) (Figure P28.84). At that instant, the...
-
Murdock Paints is in the process of evaluating two mutually exclusive additions to its processing capacity. The firms financial analysts have developed pessimistic, most likely, and optimistic...
-
One key feature of Sage 50 Accounting software, it implements user access controls to restrict access to sensitive financial data. Maintain the security of financial information with password...
-
Hatfield Medical Supplys stock price had been lagging behind its industry averages, so its board of directors brought in a new CEO, Jaiden Lee. Lee had brought in Ashley Novak, a finance MBA who had...
-
summarize your opinion of unions in organizations form the industrial relations orientation assessment. how might your opinion/perspective help or hinder an organization participating in...
-
Which of the following is not a zakat beneficiary? I. The wayfarer II. The poor III. The needy IV. The soldiers V. The slaves a. IV and V b. IV only c. V only d. All are zakat beneficiaries.
-
What is the relationship between social commerce and e-commerce? How are mobile devices and software applications influencing the development of social commerce?
-
Classfiy the following items into Revenue and Expenses ITEMS REVENUE EXPENSES Sales Salaries Rent Insurance Utilities Cost of goods sold Service revenue Depreciation
-
Grant and Herd are in partnership sharing profits and losses in the ratio 3 to 2. The following information relates to the year to 31 December 2011: 1 The partnership agreement allows for Herd to be...
-
It has been suggested that CSR from an Islamic perspective has a wider focus. Discuss.
-
Jeremy the Treasure Hunter went to an antique show last week and was interested in buying a piece of furniture with an asking price of $86,000. However, antique price is highly volatile with future...
-
How has the globalization of firms affected the diversity of their employees? Why has increased diversity put an additional burden on accounting systems?
-
If someone is in the 22 percent marginal tax bracket, is that persons entire income taxed at 22 percent? Why or why not?
-
What are the major categories of adjustments to gross income? For a taxpayer in the 22 percent marginal tax bracket, how much would adjustments totaling $10,000 save in taxes?
-
Although the basic principles of personal finance are the same for men and women, what are the social and demographic factors that make these decisions especially important for women?
Study smarter with the SolutionInn App