Which of the following statements regarding risks for a business is false? (a) Risks can come from

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Which of the following statements regarding risks for a business is false?

(a) Risks can come from both internal and external factors.

(b) Risks faced by an organisation will always have consequences for the financial statements.

(c) Management needs to be aware of and evaluate the risks that the organisation faces.

(d) The risks identified will have varying probabilities of eventuating.

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Accounting Information Systems Understanding Business Processes

ISBN: 9781742165554

3rd Edition

Authors: Brett Considine, Alison Parkes, Karin Olesen, Michael Lee, Derek Speer

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