Academic research by Wiedemann & Wiegmann (2018, 104) quotes a head of global product management as saying:

"Well, everybody has the same numbers, but then the real work starts in interpreting them, doing variance analysis, making follow up calls and reviewing closely why specific effects exist. You need somebody who is able to explain in an hour precisely the drivers and influences that affected the business in each region, in each strategic entity in the last two months, and to derive implications in order to steer [the organisational entity you are responsible for] effectively in the upcoming months".

What conclusions can you draw from this quote with respect to the head of global product management's 'view' of the firm and the 'type' of information system used by the company. Explain why you came to this conclusion.

Explainvia an examplewhy a company may want to employ detective controls IN ADDITION to preventive controls related to one and the same balance sheet account.