2. It is the use and development of computer systems that are able to learn and adapt without following explicit instructions, by using algorithms and statistical models to analyze and draw inferences from patterns in data.

3. It helps accountants perform data-driven audits, and gain deeper-insights to the information which wasn't possible before, using the paper form of the documentation.

4. It is the intensity of computer reaction that a user perceives or that allows the computer to keep up with other outside process simultaneously.

5. It is a discipline focused on extracting insights from data.

6. It is the process of determining risks that could potentially prevent the program, enterprise, or investment from achieving its objectives.

7. It is the representation of information in the form of a chart, diagram, picture, etc.

8. It involves the analysis of complete sets of data to identify anomalies and trends for further investigation, as well as to provide audit evidence

9. It shows a clear link between the information provided via the accounting process and the prosperity of society – it explicitly recognizes the impact accounting information has on decision making which subsequently has economic and social impacts.

10. It is extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.