Artificial Intelligence (AI) and Machine Learning (ML) are technologies that enable computers to learn and perform tasks without being explicitly…

Artificial Intelligence (AI) and Machine Learning (ML) are technologies that enable computers to learn and perform tasks without being explicitly programmed to do so. They are having a significant impact on the accounting profession. The accountant of the company argued that the following are the benefits of AI and ML when used in accounting, but the management did not concur with his view. The benefits listed out by the accountant are: Automated Data EntryData PrivacyFraud DetectionFinancial Forecasting Identify which of the above benefits is/are not available to the company: