Inherent Risk for Accounts Receivable Is Normally Assessed at the Objective

question 94

True/False

Inherent risk for accounts receivable is normally assessed at the objective level rather than at the account level.

---

Definitions:

B2B Marketplace

An online platform where businesses trade goods and services with other businesses, facilitating bulk transactions, procurement, and supply chain operations.

LinkedIn

A professional networking platform that enables users to connect, share, and discover career opportunities.

Organizational Culture

The set of shared beliefs, values, norms, and practices that influences the way employees think, feel, and behave in an organization.

Sales Rep

An individual who represents a company by selling its products or services, often directly to customers or through various sales channels.