As a business grows, the volume and complexity of its transactions increase.At the same timed, there is a decrease in the chance that misstated information may exist undetected.

Question

Quizplus · Accepted Answer

As the volume and complexity of transactions increase, the chance of misstated information existing undetected also increases. This is why businesses implement internal controls and audits to identify and correct any errors or irregularities.

As a Business Grows, the Volume and Complexity of Its