Which of the following is NOT a KPI that can be used to measure the objective "To ensure all adjusting journal entries are accurately prepared and independently authorised"?
A)Number of erroneous adjustments detected
B)Level of unadjusted balances in asset and liability accounts
C)The number of authorisation performed
D)Degree of compliance with accounting policy

Question

Quizplus · Accepted Answer

The number of authorizations performed does not directly measure the accuracy or independent authorization of adjusting journal entries. It simply quantifies how many authorizations occurred, without assessing the quality or correctness of the adjustments.

Which of the Following Is NOT a KPI That Can