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ACC 340 Week 2 DQS

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DQ 1
What is XBRL? How does it affect financial reporting?  What are the advantages and disadvantages of XBRL?  How does XBRL affect internal users versus external users?  Who will benefit the most by the use of XBRL?
DQ 2
Why is it important for a company to have an internal control system? How do the internal control systems affect the accounting information systems?  What is the difference between a general control and an application control? How do they affect the accounting information systems?

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