Which of These Factors Contributes Least to the Risk of Misstatement

question 44

Multiple Choice

Which of these factors contributes least to the risk of misstatement of inventories?

• A) the volume of transactions.
• B) location at a large single site.
• C) vulnerability to spoilage or damage.
• D) all of the factors listed contribute equally to the risk of misstatement of inventories

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Definitions:

Monetary Damages

Compensation that a court orders one party to pay another, usually in the form of money, for causing financial loss through unlawful action.

1972 Education Act

The 1972 Education Act, often associated with Title IX of the Education Amendments, is a federal law that prohibits gender discrimination in educational programs and activities receiving federal financial assistance.

Voting Rights Act

A significant federal law in the United States that bans discrimination based on race in voting practices.

Literacy Tests

Historically, tests used to disenfranchise voters, particularly African-Americans, under the pretext of requiring the ability to read and write for voting eligibility.