Reconciliations have identified data discrepancies between an enterprise data warehouse and a revenue system for key financial reports. What is the GREATEST risk to the organization in this situation?
Reconciliations have identified data discrepancies between an enterprise data warehouse and a revenue system for key financial reports. What is the GREATEST risk to the organization in this situation?
The greatest risk to the organization is that decisions may be made based on incorrect information. If key financial reports contain discrepancies and are not accurate, any decisions based on these reports might lead to strategic, operational, and financial missteps. This can have far-reaching consequences, affecting the overall performance and future direction of the organization. Although delayed reports or undetected fraud are potential risks, the impact of strategic misdirection due to incorrect information is more significant.
D. Decisions may be made based on incorrect information.
c is answer
Inaccurate data from the data warehouse can lead to poor decision-making across various aspects of the organization, impacting strategy, budgeting, resource allocation, and overall performance. The answer is D
D is correct
D it is