Decision Makers Are Typically Forced to Rely on Others for Information.When

question 102

Multiple Choice

Decision makers are typically forced to rely on others for information.When the source of the information is removed from the decision maker, the information stands a greater chance of being misstated.A decision maker may become detached from the source of information due to geography, organizational layers, or other factors.This describes which cause of information risk?

• A)The lack of CPA independence
• B)The volume and complexity of underlying data
• C)The motive of the preparer
• D)The remoteness of information

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Definitions:

Scarcity

A situation in which available resources are insufficient to satisfy the wants and needs of people or the ecosystem.

Raw Materials

Basic substances in their natural, modified, or semi-processed state, used as inputs for production processes.

Consumer Goods

Products manufactured and bought to satisfy personal or household needs and wants, such as clothing, food, and electronics.

Easily Accessible

Something that can be reached or obtained with little effort or difficulty, often used in the context of information, locations, or services.