What is the role of technology systems in revenue control?
Correct!
Wrong!
Technology systems automate processes and enhance accuracy in financial operations.
Which of the following is a common feature of financial management systems?
Correct!
Wrong!
Features such as automated invoicing and transaction tracking improve efficiency.
Why is integration important in technology systems?
Correct!
Wrong!
Integration enables seamless data flow between systems for better decision-making.
Which of the following best describes an ERP system?
Correct!
Wrong!
Enterprise Resource Planning (ERP) systems integrate core business functions into one platform.
Which is a risk associated with poor system integration?
Correct!
Wrong!
Poor integration can lead to data duplication, inefficiency, and errors.
Which protocol is commonly used to secure financial data over the internet?
Correct!
Wrong!
HTTPS ensures encrypted and secure communication between systems.
Loading Questions...
What is the benefit of cloud-based revenue control systems?
Correct!
Wrong!
Cloud systems offer remote access, scalability, and real-time updates.
Which of the following enhances system security?
Correct!
Wrong!
Multi-factor authentication adds an extra layer of protection for system access.
Which of these is an example of a technology system integration task?
Correct!
Wrong!
Linking accounting software with POS systems ensures consistent financial tracking.