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Accounting Research Paper—Technology Impactions

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Accounting Research Paper—Technology Impactions
Accounting research paper—technology impactions

With development of economics, people have been thinking about how they could increase the efficiency of working. Technology is one of the ways people figured out. It is the branch of knowledge that deals with the creation and use of technical means and their interrelation with life, society, and the environment, drawing upon such subjects as industrial arts, engineering, applied science, and pure science. Before the development of modern technology, there was the trade and barter system. Advances led to a skeleton of what we know as business today. People handled every aspect of running a business, even the responsibility of making machines work manually. However, the computer revolution sped up the pace of trade and commerce. The technological advances it created drastically reduced the cost of business operations and increased the efficiencies throughout an organization.
The basic features of technology are: 1. Change; 2. Wide spread effect; 3. Self-reinforce; 4. Complex and amoral. 1. Change,
There were so many unpredictable fluctuations on technology, single tiny innovations may cause gigantic revolution of the whole industry. Also, the whole process is usually in a very high speed. 2. Wide spread effect,
Nowadays, Technologies are not only the tool for improving working efficiencies but also the factors which affect people’s ways of thinking and life styles all over the world. People’s living standard is also inseparable with the level of technology. 3. Self-reinforce, all the technologies are facing different situations every day. No matter the results are satisfactory or not, the processes of solving problems would be references for their next situation facing the same thing. And the quality and speed of solving problems would be improved because they already have similar experience before. 4. Complex and amoral, technologies are not individual issues, they are connected

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