An Organization's Disaster Recovery Plan Would Be Most Useful If

question 10

Multiple Choice

An organization's disaster recovery plan would be most useful if:

• A) An employee failed to include appropriate punctuation in XBRL tags.
• B) It did not have a strong internal audit department.
• C) XBRL-tagged data were corrupted by a Trojan horse.
• D) An employee mistakenly used the wrong taxonomy for XBRL tags.

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Definitions:

Guarantor

An individual or entity that agrees to be responsible for another's debt or performance under a contract if the primary party does not meet their obligations.

Guaranty Contract

A legal agreement where a guarantor agrees to fulfill the financial obligations of a debtor to a lender, in case the debtor fails to do so.

Suretyship Contract

An agreement whereby a party (surety) guarantees the performance of an obligation by another party (principal) to a third party (obligee).

Primarily Liable

The main party responsible for fulfilling an obligation or settling a debt in legal or financial contexts.