Which of the Following Controls Can Minimize the Threat of Inaccurate

question 76

Multiple Choice

Which of the following controls can minimize the threat of inaccurate financial statements?

• 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.

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Definitions:

Fertility Treatments

Medical interventions designed to assist individuals or couples in achieving a pregnancy.

Coping Strategies

Techniques or methods used to manage stress, adapt to challenging situations, and maintain emotional and mental well-being.

Anxious Situations

Scenarios or conditions that provoke anxiety or stress in an individual.

Anxiety

An emotion characterized by feelings of tension, worried thoughts, and physical changes like increased blood pressure.