Multiple Choice
The accounting profession is evolving in response to the use of blockchain technology in business. Choose from the list below how audit professionals are impacted by the use of blockchain.
A) Record transactions related to buying and selling cryptocurrencies
B) Verify ownership of transactions
C) Simplify and automate tax compliance and transparency
D) Secured payments are sent to suppliers as soon as materials are received.
Correct Answer:
Verified
Correct Answer:
Verified
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