Which of the following situations would INCREASE a clients assessed inherent risk?

Select one:

a.

The client operates in the technological sector with major competitors continually launching newer, more innovative products.

b.

The clients largest shareholder is a private company with a diverse investment portfolio.

c.

The client has a well-resourced internal audit function that undertakes operational and financial report audits.

d.

The client has removed the requirement for credit checks to be performed on new customers to expand its market share.