Question

discuss document security in terms of budget reports

discuss document security in terms of budget reports

0 0
Add a comment Improve this question Transcribed image text
Answer #1

A budget report is usually prepared by business and non business enterprises to identify te difference between actual and budgeted financial results. The variances for each item of the income statement is calculated and reported to a person who is responsible for that particular expense or income item. A simple format of a budget report is as follows:

Income & Expenditures Actual Budgeted Variance

Now as the budgeted reports contain very crucial information and strategies of an organisation, its security is really important to protect it from being disclosed to the competitors or any unauthorised person, as that disclosure can result into bad impacts on the functions of a running business.

One of the techniques to secure budgeted reports is to keep them in encrypted form with password locks and also the password shouldn't be stored at a place which is accessible to everyone.

Add a comment
Know the answer?
Add Answer to:
discuss document security in terms of budget reports
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT