Which of the following controls can minimize the threat of poorly designed reports and graphs?
A)Training and experience in applying IFRS and XBRL.
B)Responsibility accounting.
C)Backup and disaster recovery procedures.
D)Restriction of access to general ledger.

Question

Quizplus · Accepted Answer

Responsibility accounting assigns specific roles and responsibilities to individuals or departments for designing and reviewing reports and graphs. This can help ensure that the reports and graphs are well-designed and accurate, minimizing the risk of errors or misinterpretation. Training, backup procedures, and access restrictions may also be important controls, but they may not specifically address the issue of poorly designed reports and graphs.

Which of the Following Controls Can Minimize the Threat of Poorly