Because cash is the most desirable asset for people to steal, it has a higher:

Question

Quizplus · Accepted Answer

Inherent risk refers to the risk that exists in an organization or business process before any internal control or corrective actions are taken, and the inherent risk associated with cash is higher due to its liquidity and desirability for theft. Control risk and detection risk, on the other hand, can be mitigated through the implementation of internal controls and detection procedures.

Because Cash Is the Most Desirable Asset for People to Steal