Remoteness of information is a cause of:
A) information risk.
B) complex exchange transactions.
C) rejecting a potential client.
D) auditing the financial statements. Answer A

Question

Quizplus · Accepted Answer

Remoteness of information means that the information is not easily accessible or readily available. This creates a higher level of information risk as it may be inaccurate, incomplete, or outdated. Therefore, choice A is the best answer. Complex exchange transactions may be a cause of information risk, but it is not as directly related as remoteness of information. Rejecting a potential client and auditing the financial statements are not necessarily directly related to remoteness of information.

Remoteness of Information Is a Cause Of