Question: Today's high-technology manufacturing processes require up-to-the-minute controls using computer generated non-financial indicators of performance. Accountants' financial controls reported at the end of the month or

"Today's high-technology manufacturing processes require up-to-the-minute controls using computer generated non-financial indicators of performance. Accountants' financial controls reported at the end of the month or quarter are absolute and have no place in such an environment."

Discuss and elaborate.

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