Select one of the databases that contains data about Business or Accounting. Locate a current article about factory automation. Compose a brief essay that discusses the accounting implications of the automation process discussed within the article. Some of the items to address include:
- The efficiency and accuracy of data collection.
- The new opportunities for improving performance reports.
- Production cycle threats and the control procedures used to minimize those threats.
…………………….Answer Preview……………………
The world business and industrialization process has entirely adopted a different route that includes use of innovative technologies with the intention of improving their entire production process. The process has been slow but eventually it has gained momentum with majority of the world industries adopting automation, the process is quite expensive to install in business and industries but the outcome is thrilling to the company financial interests and cost reduction. The automation companies….
APA
423 words