Question

IT plays a major role in ensuring the accuracy of financial data. T/F

Answer 1

Answer: True

Explanation:

 Yes, the given statement is true that the IT (information technology) plays an important role for ensuring the financial data accuracy. When settling on business choices, precise money related information is basic.

Large associations commonly have separate department of accounting in the office to do the various function of the accounting , just as accommodate all records, survey the information for exactness, and analysis the information.

It provide the essential data and information and in SEC ( Security and exchange commission) are basically responsible for providing the data and information to the different organization.