An important cloud design philosophy that defines all interactions among computing devices as services in a formal standardized way is termed the Service Oriented Architecture or abbreviated as SOA. It is also a style of software design in which <span>services are provided to the other components by application components, through a communication protocol over a </span>network.<span>
</span>
<span> </span>
Explanation:
Disruptive technology, new business ventures, and increased availability of data are quickly changing traditional financial reporting and assurance processes. As a result, prospective auditors not only need to understand fundamental auditing concepts, but also need to anticipate the influence that disruptive technology will have on the profession. The following case study provides a lens through which prospective auditors can view the coming changes to the profession by asking them to consider how the online lending company, Kabbage, is currently disrupting the lending industry for non-traditional and small businesses. Students contemplate several fundamental auditing concepts such as audit evidence, financial statement assertions, and analytical procedures while also acquiring insight into the effects that new and disruptive technology will have on the profession. The intention is to encourage students to embrace coming changes and become lifetime learners.
Answer: (B) Technological component
Explanation:
The technological component include the organizing, monitoring, evaluation and also implementing the various types of function in an organization.
The technological components basically used for representing the various types of technology in the market and it also helps in reduce the overall cost of the product operation and creating the new product market.
According to the given question, the above given scenario best illustrating the effect of the technological components in an organization by creating the various types of methods.
Therefore, Option (B) is correct answer.
