Question
Select the statement most valid: a.a high volume of transactions flowing through an entity's cash account contributes to a significant level of inherent risk for
Select the statement most valid:
a.a high volume of transactions flowing through an entity's cash account contributes to a significant level of inherent risk for cash balance assertions
b.a high volume of transactions flowing through an entity's cash account contributes to a significant level of detection risk for cash balance assertions
c.a high volume of transactions flowing through an entity's cash account contributes to a significant level of risk overall for the presentation and disclosure assertion
d.a high volume of transactions flowing through an entity's cash account contributes to a significant level of risk for the rights and obligation assertions
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
