As a Form of Internal Control, Software Like Dragon Tag

question 3

Multiple Choice

As a form of internal control, software like Dragon Tag addresses which of the following risks associated with XBRL?

• A) Compromised data.
• B) Tagging errors.
• C) Missing authorizations.
• D) Selecting an inappropriate taxonomy.

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Definitions:

External Customer Satisfaction

Measures how well a company meets the expectations of external customers, those not directly affiliated with the company.

Formal Controls

Mechanisms established to ensure that an organization's operations align with its goals and standards, including policies, procedures, and regulations.

Marketing Implementation

The process of executing marketing strategies and plans to achieve marketing objectives.

Control Affects

Involves the impacts that control mechanisms have on the behavior and performance of organizations or systems.