Significant risk often relates to
A)low-dollar-value transactions.
B)simple transactions.
C)routine transactions.
D)nonroutine transactions.

Question

Quizplus · Accepted Answer

Significant risk usually relates to nonroutine transactions, which involve complex and high-dollar-value deals. These types of transactions may involve strategic decisions or major investments that could significantly impact a company's financial position, reputation, or operations if things go wrong. Therefore, they typically require more attention, analysis, and controls than routine or simple transactions.

Significant Risk Often Relates to