The Advantages of Computer in Accounting: Handling Data Overload

Discussion Question 1: The computer would be better at the skills of remembering, understanding, and applying than the human accountant. As explained in the text, information overload can lead to an excessive amount of data for a human accountant to handle. The computer can handle all the basic accounting work, repetitive tasks, and overload of data. When it comes to analytics and problem solving, humans have an advantage over computers. A human brain has the advantage of analyzing trends and making assumptions based on data/numbers. It is also possible for humans to solve problems based on the data they collect. Brief Exercise 1: Bloom's Taxonomy- an explanation of hierarchical forms of thinking and learning skills in education. Data Analytics- the process of evaluating data with the purpose of drawing conclusions to address all types of questions, including accounting questions. Dynamic- characterized by constant update, change, or activity. Information overload- access or exposure to too much information to be able to process. Static- characterized by the lack of constant update, change, or activity. Brief Exercise 2: Share the Story Master the Data Ask the Question Perform the Analysis Share the Story Brief Exercise 3: Ask the Question Perform the Analysis Master the Data Share the Story Perform the Analysis