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Which of the following situations would reduce inherent risk in relation to purchases? A . Hedging foreign currency exposure for purchases B . No material

Which of the following situations would reduce inherent risk in relation to purchases?
A. Hedging foreign currency exposure for purchases
B. No material errors were discovered last year in the audit of the purchases cycle
C. Conversion of the purchases accounting system to the latest version of the accounting
package
D. The entity has very good controls over its purchases of raw materials

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