FHU Corporation Has Been Completing Its SEC Reporting Requirements Using

question 51

Multiple Choice

FHU Corporation has been completing its SEC reporting requirements using XBRL for several months; the increased efficiency has increased profits, which in turn has had a positive impacton FHU's stock price. FHU tags its financial data using a dedicated software package. The company's Sarbanes-Oxley audits have become faster and less expensive as a result of XBRL.
-The FHU scenario encompasses all the following risk types except:

• A) Market risk.
• B) Systems risk.
• C) Human error risk.
• D) Hazard risk.

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Definitions:

Positive Correlation

A connection between two variables wherein a rise in one leads to a rise in the other.

Experimental Group

In an experiment, the group that is exposed to an independent variable.

Participant Effect

The influence on research outcomes resulting from participants' awareness they are being studied, potentially altering their behavior.

Research Study

An investigation conducted to collect data and gain insights into a specific question or phenomenon, following systematic methods.