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The Impact of AI on the Field of Accounting

Total questions: 12

Worksheet time: 4mins

Name
Class
Date
1.

What is the role of accountants?

a)

Managing financial records

b)

Preparing financial statements

c)

Providing advice on financial matters

d)

All of the above

2.

What tasks can AI automate in accounting?

a)

Data entry

b)

Account reconciliation

c)

Financial analysis

d)

All of the above

3.

According to the American Institute of CPAs, what percentage of accountants believe their jobs will be completely replaced by AI?

a)

2%

b)

4%

c)

6%

d)

8%

4.

What value do accountants bring to the table that AI lacks?

a)

Expertise and experience

b)

Ability to make informed decisions

c)

Interpretation of financial data

d)

All of the above

5.

What is one potential job opportunity for accountants created by AI?

a)

Managing AI systems

b)

Developing AI algorithms

c)

Data entry

d)

Financial analysis

6.

What aspect of accounting may require the human touch and empathy?

a)

Personal tax planning

b)

Financial analysis

c)

Data entry

d)

Account reconciliation

7.

What role do human accountants play in auditing?

a)

Providing independent assessment of financial statements

b)

Developing AI algorithms

c)

Data entry

d)

Financial analysis

8.

Will AI completely replace accountants in the future?

a)

Yes

b)

No

c)

Maybe

d)

It is uncertain

9.

What should accountants do to remain relevant in an ever-changing business landscape?

a)

Keep up with the latest technology

b)

Develop their skills and expertise

c)

Adapt to new accounting regulations

d)

All of the above

10.

What should viewers do to receive more informative and thought-provoking content?

a)

Leave a comment below

b)

Subscribe to the channel

c)

Share the video

d)

All of the above

11.

Where is Parker Russell International located?

a)

United Kingdom

b)

United States of America

c)

Russian Federation

d)

Vietnam

12.

Fill in the blank: "At Parker Russell Vietnam, we aim to deliver happiness to three groups of people: our talents – our (a)   – our clients. This completes the ideal circle of sustainable development vision which is the journey we are all take part in."