CPA Isc · Question of the Day

CPA Isc Question of the Day

A fresh daily question to build accuracy, reinforce recall, and turn practice into a steady habit.
Thursday, September 17, 2026

Which of the following implementation controls specifically addresses the risk that historical financial data transferred from a legacy system contains errors that affect comparative period reporting?

Keep practicing CPA Isc

Question of the Day

Answer today's CPA Isc question, reveal the full explanation, then keep the streak going with a new question every day.

Which of the following implementation controls specifically addresses the risk that historical financial data transferred from a legacy system contains errors that affect comparative period reporting?

  1. Training all accounting staff on the new system before data migration.
  2. Reconciling migrated historical data balances by period to the legacy system's audited financial statements and prior period trial balances. (correct answer)
  3. Encrypting all historical data during the migration process.
  4. Archiving the legacy system data in a separate storage location after migration.

Explanation: Reconciling migrated historical data to audited financial statements ensures comparative period data is accurate - directly addressing the risk of historical data errors in the new system. Answer B is correct. Training (A) addresses operational readiness. Encryption (C) addresses security. Archiving (D) addresses retention.