Which of the following inventory items is likely to have high inherent risk?
A) Internet computer software.
B) Cement.
C) Washing machines.
D) Office furniture.

Name: Which of the following inventory items is likely to have high inherent risk? A) Internet computer software. B) Cement. C) Washing machines. D) Office furniture.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Internet computer software is intangible and can easily be misrepresented or pirated, increasing the risk of material misstatement or fraud.

Which of the Following Inventory Items Is Likely to Have