Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

IIA Exam IIA-ACCA Topic 10 Question 80 Discussion

Actual exam question for IIA's IIA-ACCA exam
Question #: 80
Topic #: 10
[All IIA-ACCA Questions]

According to MA guidance on IT. which of the following would be considered a primary control for a spreadsheet to help ensure accurate financial reporting?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Arleen at Jul 04, 2024, 07:53 PM

Limited Time Offer

25%

Off

Get Premium IIA-ACCA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Yesenia
6 months ago
Ah, the age-old debate: should I lock my spreadsheet or back it up? It's like choosing between a padlock and a parachute. Tough call.
upvoted 0 times
Leatha
5 months ago
D) Check-in and check-out software is used to control versions.
upvoted 0 times
...
Martin
5 months ago
C) The purpose and use of the spreadsheet are documented.
upvoted 0 times
...
Billye
5 months ago
A) Formulas and static data are locked or protected.
upvoted 0 times
...
...
Gilma
6 months ago
Check-in and check-out software? Really? That sounds like overkill for a simple spreadsheet. I'm going to go with option A on this one.
upvoted 0 times
...
Julie
6 months ago
You know, I think the purpose and use of the spreadsheet should be documented. That way, everyone knows exactly how it's supposed to be used and what it's for.
upvoted 0 times
...
Providencia
6 months ago
Hmm, I'm not so sure. Backing up the spreadsheet on a network server is also important to prevent data loss. Maybe that's the better option?
upvoted 0 times
Rodney
5 months ago
D) Check-in and check-out software is used to control versions.
upvoted 0 times
...
Kizzy
5 months ago
Backing up the spreadsheet on a network server is important for data loss prevention.
upvoted 0 times
...
Camellia
5 months ago
C) The purpose and use of the spreadsheet are documented.
upvoted 0 times
...
Glory
6 months ago
A) Formulas and static data are locked or protected.
upvoted 0 times
...
...
Altha
6 months ago
A locked spreadsheet with protected formulas definitely seems like the way to go here. That's going to be the best way to ensure accurate financial reporting.
upvoted 0 times
Hillary
4 months ago
D) Check-in and check-out software is used to control versions.
upvoted 0 times
...
Lera
5 months ago
C) The purpose and use of the spreadsheet are documented.
upvoted 0 times
...
Krissy
5 months ago
A) Formulas and static data are locked or protected.
upvoted 0 times
...
Belen
5 months ago
D) Check-in and check-out software is used to control versions.
upvoted 0 times
...
Aileen
6 months ago
C) The purpose and use of the spreadsheet are documented.
upvoted 0 times
...
Lindsay
6 months ago
A) Formulas and static data are locked or protected.
upvoted 0 times
...
...
Judy
6 months ago
I think D) Check-in and check-out software is used to control versions is crucial to track changes and maintain accuracy.
upvoted 0 times
...
Myra
7 months ago
I believe C) The purpose and use of the spreadsheet are documented is also important for accurate reporting.
upvoted 0 times
...
Loren
7 months ago
I agree with Quinn, because locking formulas and data helps prevent errors in financial reporting.
upvoted 0 times
...
Quinn
7 months ago
I think A) Formulas and static data are locked or protected would be the primary control.
upvoted 0 times
...

Save Cancel