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What are the risks related to the FC293 rule related to Post Journals vs Journal Approval Config Setups?

Journal Approval Configs allows users to set authorization limits that are used to determine enter/posting of journal entries that is required to go through the journal approval workflow.  This is associated to the configuration "Allow Preparer Approval."  Increase of a user's journal authorization limit, then posting of entries that would not have been approved otherwise.  This could result in inappropriately posted journal entries leading to the potential misstatement of financial statements.