You overhear an argument between your two friends. One is an engineer and theother is an accountant. The engineer states that machines will replace the job ofaccountants in the future because machines can do the work of an accountant betterthan a human. The accountant states that accounting is a complex task and whilemachines excel at lower-level cognitive skills, humans excel at higher level cognitiveskills. The accountant argues that accountants need not worry about lower-levelcognitive skills and must master only the higher-level cognitive skills. They ask foryour opinion on their debate. Based on the textbook and referring to Bloom'staxonomy, how should you respond to the arguments put forth by your friends?

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In responding to the arguments put forth by your friends you can draw upon Blooms Taxonomy to provide a structured analysis of the cognitive skills involved in accounting and how they relate to the potential impact of automation Blooms Taxonomy categorizes cognitive skills into six levels Remembering Understanding Applying Analyzing Evaluating Creating Heres how you can respond to each friends argument To the Engineer The engineers argument focuses on the technical aspects of accounting work suggesting that machines are better suited for tasks that involve routine calculations and data processing This aligns with the lower levels of Blooms Taxonomy such as remembering and understanding where machines indeed excel due to their ability to process large amounts of data quickly and accurately However its essential to acknowledge that accounting involves more than just lowerlevel cognitive skills While machines may be efficient at these tasks they may struggle with higherlevel cognitive skills such as analyzing complex financial data interpreting regulations and making strategic decisions based on financial insights To the Accountant The accountants argument emphasizes the importance of higherlevel cognitive skills in ... View the full answer