Solved

XBRL Creates Risk Exposures for Organizations That Use It; Those

Question 69

Essay

XBRL creates risk exposures for organizations that use it; those risk exposures have to be addressed via various forms of internal control.As discussed previously in the text, internal controls can be classified by purpose (preventive/detective/corrective) and their relationship to the organization's information system (general/application).Consider the list of risks and controls below; for each item, indicate whether the control is primarily preventive/detective/corrective.Also indicate whether the control is a general or application control.

Correct Answer:

verifed

Verified

blured image_TB4225_00 Preventive/general
...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents