Because cash is the most desirable asset for people to steal, it has a higher:
A) inherent risk.
B) detection risk.
C) control risk.
D) all of the above

Question

Quizplus · Accepted Answer

Cash has a higher inherent risk because it is easily accessible and can be easily converted to other assets. Detection risk and control risk can be mitigated through proper security measures and internal controls, but the inherent risk will always be present.

Because Cash Is the Most Desirable Asset for People to Steal