Question

In: Accounting

1. (True or False) A use case for blockchain may exist wherever there is a significant...

1. (True or False) A use case for blockchain may exist wherever there is a significant cross-organization workflow.

2. (True or False) Ethereum is a type of artificial intelligence.

3. (True or False) Consortium blockchain has no access restrictions in relation viewing or participating in the blockchain network.

4. (True or False) Smart contracts may be an opportunity for auditors as they contain business rules.

5. (True or False) The cost of false prediction is important to data analysts.

6. (True or False) Alexa from Amazon and Siri form Apple are examples for robotic process automation.

7. (True or False) Artificial neural networks are the engines of machine learning.

8. (True or False) Machine learning requires less data than general Artificial intelligence.

9. (True or False) Blockchain is highly regulated technology.

10. (True or False) The key difference between artificial intelligence applications and machine learning is that machine learning involves the computer learning from specific instructions versus experience.

Solutions

Expert Solution

1.True:-A use of blockchain may exist wherever there is a significant cross-organization workflow which will improve auditability and automation of manual processes.

2.False:-Ethereum is a blockchain based software used for cryptocurrency "ether".It can be combined with artificial intelligence to provide a secured and private artificial intelligence computing programme.

3.False:-A Public block chain has no access restrictions in relation to viewing or participating in the block chain network.A Private block chain allows one party to have full control over the access in relation to viewing or participating in netwrok with predetermined nodes.A Consortium Block chain is a combination of public and private blockchain network which has set of predefined users having control and access to viewing or participating in network.It has access restrictions to users not in network.

4.True:-Smart contract audit involves scrutinizing the business rules set in it and this audit allows to fix issues before the same is deployed.


Related Solutions

1. (True or False) A use case for blockchain may exist wherever there is a significant...
1. (True or False) A use case for blockchain may exist wherever there is a significant cross-organization workflow. 2. (True or False) Ethereum is a type of artificial intelligence. 3. (True or False) Consortium blockchain has no access restrictions in relation viewing or participating in the blockchain network. 4. (True or False) Smart contracts may be an opportunity for auditors as they contain business rules. 5. (True or False) The cost of false prediction is important to data analysts. 6....
QI/ True or False, correct the false if exist. 1- In SRM motors, reluctance torque is...
QI/ True or False, correct the false if exist. 1- In SRM motors, reluctance torque is produced by the tendency of the rotot to move to its maximum reluctunce position 2- Hybrid stepping motors combine aspects of both permanent magnet and cupper winding technologies. 3. In Single-phase half-wave ac valtage controller, a single pulse is enough to operate the converter for a complete electrical cycle 360. 4 In single-phase cycloconverter, if there are 4 input electrical cycles then there have...
Determine whether each statement is true or false. If the statement is false, explain why. Even if the correlation coefficient is high (near + 1) or low (near - 1), it may not be significant.
Determine whether each statement is true or false. If the statement is false, explain why.Even if the correlation coefficient is high (near + 1) or low (near - 1), it may not be significant.
Provide in each case a brief explanation articulating why the statement may be true, false or...
Provide in each case a brief explanation articulating why the statement may be true, false or even uncertain. Price stability is a natural long-run monetary policy goal for a central bank much more so than attaining sustainable full employment. (Word limit 300)
Provide in each case a brief explanation articulating why the statement may be true, false or...
Provide in each case a brief explanation articulating why the statement may be true, false or even uncertain. As commercial banks create money through their lending behaviour, there is no limit in practice on how much money they can create. (Word limit 300)
Provide in each case a brief explanation articulating why the statement may be true, false or...
Provide in each case a brief explanation articulating why the statement may be true, false or even uncertain. Quantitative Easing is likely to be riskier as an antidote for the current crisis for emerging economies such as the Philippines, Indonesia, South Africa, Chile, Brazil, and Turkey than for developed economies such as the U.S., UK, Eurozone, Canada, Australia or New Zealand. (Word limit 300)
Provide in each case a brief explanation articulating why the statement may be true, false or...
Provide in each case a brief explanation articulating why the statement may be true, false or even uncertain. Please do not exceed the word limit, only the first 300 words of your answer will be read and marked for each question. Multinational banks whose exposure in foreign markets is primarily through subsidiaries may find it easier to exercise an exit option should losses become too high in the event of a major economic crisis; other banks, however, exposed through branches...
An American option may be exercised only at maturity. True or false? True False
An American option may be exercised only at maturity. True or false? True False
1. ( TRUE OR FALSE) On May 1, Petrano Company made a sale on account to...
1. ( TRUE OR FALSE) On May 1, Petrano Company made a sale on account to Brown Company for $2,000, terms 1/10, n/30. Brown paid the amount due, less the discount, on May 9.the journal entry to record the receipt of cash on Petrano Company's books is debit Cash, $1,980, debit Sales Discounts, $20, and credit Accounts Receivable, $2,000. 2.  The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to...
Determine which of the following statements are true and which are false. (a) There always exist...
Determine which of the following statements are true and which are false. (a) There always exist a Pareto efficient alternative. (b) There always exist a Pareto dominated alternative. (c) The best alternative according to Rawlsian Justice is always Pareto efficient. (d) The best alternative according to Borda rule is always Pareto efficient.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT