Question

discuss document security in terms of budget reports

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.