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Sample Essay – Computers and Finance
The complexities of manual financial bookkeeping have been made easier with the use of computers. People now do not have to go to other companies or individuals for calculation of taxes.
Moreover the governments are now encouraged to cut back on the number of companies and individuals to do the tax returns, resulting in savings of millions of dollars.
However, the automated systems are also not without shortcomings and chances of fraudulent practice have increased due to which the concerned authority had to revamp the security systems.
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