Which of the following is not a factor that tends to increase the inherent risk for purchases and payables?
A) the number of directors.
B) A high volume of transactions.
C) issues over costs being capitalised versus expensed
D) all are factors that tend to increase the inherent risk for purchases and payables.

Question

Quizplus · Accepted Answer

The number of directors in a company does not directly impact the inherent risk associated with purchases and payables. Factors like high volume of transactions and issues over costs being capitalized versus expensed are more directly related to the complexity and potential for error or fraud in financial reporting related to purchases and payables.

Which of the Following Is Not a Factor That Tends