ACCOUNTING IMPLICATIONS OF AUTOMATION
Select one of the databases that contains data about Business or Accounting. Locate a current article about factory automation. Compose a brief essay that discusses the accounting implications of the automation process discussed within the article. Some of the items to address include:
- The efficiency and accuracy of data collection.
- The new opportunities for improving performance reports.
Production cycle threats and the control procedures used to minimize those threats.
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World business have had a common challenge of record keeping, in every task performed some paper work has to be done. This challenge has rather been neutralized by the invention of electronic data recording where by information about cash employees…
(424 Words)