Which of the following assertion is inaccurate concerning the risks of material misstatement? (a) Risks of material

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Which of the following assertion is inaccurate concerning the risks of material misstatement?

(a) Risks of material misstatement can arise from a variety of sources, including external factors

(b) Risks of material misstatement never occur from the nature or the activities of a company

(c) Risks of material misstatement may relate to personnel who lack the necessary financial reporting competencies

(d) Risks of material misstatement may result from information systems that fail to accurately capture business transactions.

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