Soft Paper Report Definition

Table of Contents

What Is a Soft Paper Record?

A soft paper document is a reference to a lack of confidence in a document’s data or customary disrespect for a document’s writer. A soft paper document has only one use—as toilet paper—which is how its determine was once as soon as derived.

Key Takeaways

  • A soft paper document is a document whose contents lack credibility.
  • The determine is derived from toilet paper.
  • The contents of a soft paper document must be verified by means of validating its contents.

Understanding Soft Paper Record

Reports are just about all the time subjective, as even hard data wish to be interpreted. In trade, it’s going to be vital not to rely at the entirety you concentrate and read, and as an alternative to perform a little homework yourself. Differently you’re going to uncover yourself relying on a document that is best good for toilet paper.

Example of a Soft Paper Record

In an Oct. 1992 report to Congress by means of the U.S. Commonplace Accounting Administrative center, the GAO accused NASA of producing financial opinions that have been in line with unreliable data. In numerous words, the GAO accused NASA of producing soft paper financial opinions.

The GAO came upon that NASA‘s inside controls and fiscal keep watch over methods did not provide right kind and constant financial wisdom for environment friendly keep watch over of the corporate, in particular when it were given right here to oversight of the actually intensive amount of belongings and finances beneath the control of its contractors. The document discussed in detail the deficiencies in NASA‘s financial methods and controls that contributed to the financial keep watch over weaknesses along with ideas for corrective actions.

Specifically, the GAO document indicated that NASA‘s inside controls, insurance coverage insurance policies and procedures, and fiscal keep watch over methods did not provide just right sufficient assurance that its on the subject of $14 billion appropriations allocated in fiscal 12 months 1991 have been as it should be used and correctly accounted for and reported. For example, contractor-reported value and serve as data was once as soon as no longer all the time received, and program analysts inappropriately adjusted contractor value data without supporting documentation. In some instances, the ones practices served to cover value overruns, underruns, and instances where costs exceeded duties or price range plans.

For example, the GAO identified one case where value opinions showed vital value enlargement for rising the space move from side to side’s waste collections methods, however it indubitably best took limited movement to control costs until the GAO identified a 900% building up over the initial estimate. In addition to, it discussed NASA‘s inside controls did not be sure that its reported $13.4 billion in government-owned, contractor-held belongings was once as soon as as it should be accounted for or that its reported price was once as soon as right kind.

This example offered a vital problem because of NASA managers used contractor-reported value data as a primary provide of information to keep an eye on billions of dollars in contractor-operated ways and tasks, resolve and change accounts payable, and come to a decision price range needs.

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