Question: Discuss why the simple spreadsheet can represent a significant risk to organizations.

Discuss why the simple spreadsheet can represent a significant risk to organizations.

Step by Step Solution

★★★★★

3.62 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Spreadsheets introduce significant risks into the financial reporting ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

405-B-A-I-S (6565).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

Discuss how incorporating sustainability practices supports an organizations enterprise risk management efforts.

Q:

Discuss how organizations can benefit from XBRL.

Q:

Discuss the disadvantages of using simple spreadsheet programs in the data analysis process.

Q:

12.9 Discuss why the simple spreadsheet can represent a significant risk to organizations.

Q:

CHAPTER 7 Coaching for Per fo rm ance Once you have begun to delegate, you need to be able to work with your direct reports so that they are successful in their assignments. This managerial skill is...

Q:

Section II: Please indicate your response as \"T\" if the statement is correct or \"F\" if it is incorrect. Circle your choice. Each statement is valued at 1 point. 1. A key element of the marketing...

Q:

Section II: Please indicate your response as \"T\" if the statement is correct or \"F\" if it is incorrect. Circle your choice. Each statement is valued at 1 point. 1. A key element of the marketing...

Q:

SOLVE FOR ALL THIS QUESTIONS BY PICKING THE CORRECT ANSWER Which of the following is not an attribute of plan-driven project management? a) Process heavy b) Little change to scope and requirements...

Q:

policy and supporting security measures shall be adopted to manage the risks introduced by Bring Your Own Device ( BYOD ) initiative. ( a ) Analyse the provided " Introduction of Mobile Device...

Q:

Read Chapter 6 of the book "How to measure anything". Now, write a letter to Mr. Williams, starting with the following statement: "Mr. Williams, currently you work with categorical risk metrics...

Q:

Why can't the Fed target both the money supply and the interest rate at the same time?

Q:

Jamie received 105 responses, which are given in the Excel file Drout Advertising Survey. Review the questionnaire and classify the data collected from each question as categorical, ordinal,...

Q:

What is a quality circle? How important is this concept in implementing the concept of total quality control?

Q:

A chemical-processing firm is planning on adding a second polyethylene plant at another location. The financial information for the first project year is provided as follows: Sales $1,500,000...

Q:

What is end-user computing? Why is documentation important to end-user computing? What guidelines should companies develop to control end-user computing?

Q:

To view the Drawing ToolBar of Microsoft Excel, select the following options from the main menu: ViewToolbarsDrawing. (You can also click directly on the Drawing icon in the Standard Toolbar.) After...

Q:

Draw a document flowchart to depict each of the following situations. a. An individual from the marketing department of a wholesale company prepares five copies of a sales invoice, and each copy is...

Q:

Consider the financial statements for Ace Inc. 10). Given the following data: Suppose year 2's days of payables were increased to 41.5. How much cash would be freed up" The accounts payable freed up...

Q:

This year, Midland Light and Gas (ML&G) paid its stockholders an annual dividend of $ a share. A major brokerage firm recently put out a report on ML&G predicting that the company's annual dividends...

Q:

Use this information about Carmelita Ing to answer the question that follow. Carmelita Inc. has the following information available: Costs from Beginning Inventory Costs from Current Period Direct...