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B- State whether the following statements are TRUE (T) or FALSE (F) (15 marks) XBRL produces standardized reports and is not customizable. Each attribute in
B- State whether the following statements are TRUE (T) or FALSE (F) (15 marks)
- XBRL produces standardized reports and is not customizable.
- Each attribute in a table can have several names.
- Access is a simple database management system that can be used to run databases for individuals and small firms.
- SQL is based on relational algebra and allows a user to query and update the database.
- XBRL allows highly disaggregated data so not only is it possible to know the level of sales, but it is possible to know sales revenue in much more detail.
- XBRL instance documents describe each key data element (e.g., total assets, accounts, payable, net income, etc.).
- A firewall can filter through packets coming from outside networks to prevent unauthorized access
- Parallel simulation uses an independent program to simulate a part of an existing application program, and is designed to test the validity and to verify the accuracy of an existing application program.
- Data governance is the convergence of data quality, data management, data policies, business process management, and risk management surrounding the handling of data in a company.
- Computer-assisted audit techniques (CAAT) are often used when auditing a company's IT infrastructure.
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