Spreadsheet risk: Difference between revisions
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imported>Doug Williamson (Number the sources of spreadsheet risk.) |
imported>Doug Williamson (Note that second list is additional to the first.) |
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In addition, losses and other adverse effects may also result from any one or more of: | |||
#Fraud | #Fraud | ||
#Overconfidence in the spreadsheet's results | #Overconfidence in the spreadsheet's results | ||
Revision as of 20:52, 4 July 2017
The risk of financial losses or other adverse effects resulting from invalid assumptions, other errors, omissions or duplications in a spreadsheet.
In addition, losses and other adverse effects may also result from any one or more of:
- Fraud
- Overconfidence in the spreadsheet's results
- Overdependence on the spreadsheet
- Misinterpretation of results
- Failure to communicate assumptions and limitations
- Or failure to understand the consequences of assumptions and limitations.
