The main risk attached to producing financial reports is:
A)unauthorised distribution of financial reports
B)unauthorised access of financial reports
C)reporting incorrect data
D)reporting too many data

Question

Quizplus · Accepted Answer

Reporting incorrect data presents the main risk attached to producing financial reports as it can lead to inaccurate financial decision-making, legal consequences, and damage to the company's reputation. Unauthorized distribution or access of financial reports is also a concern but can be mitigated through proper security measures. Reporting too many data is not a risk but rather a potential issue of information overload.

The Main Risk Attached to Producing Financial Reports Is