Assertions with high inherent risk are least likely to involve: A)Complex calculations. B)Difficult accounting issues. C)Routine transactions. D)Significant judgment by management.

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Assertions with high inherent risk are those that have a greater likelihood of containing material misstatements, and they typically involve difficult accounting issues, complex calculations, and significant judgment by management. Routine transactions, on the other hand, are more straightforward and have a lower inherent risk. Therefore, assertion involving routine transactions are less likely to have high inherent risk.

Assertions with High Inherent Risk Are Least Likely to Involve