Which of the following best describes inherent risk for balance-related audit objectives as they relate to payroll?
A)Not considered
B)Low
C)Moderate
D)High

Question

Quizplus · Accepted Answer

Inherent risk for balance-related audit objectives in payroll is generally considered low because payroll processes are typically routine and well-controlled, with clear documentation and oversight.

Which of the Following Best Describes Inherent Risk for Balance-Related