Which of the Following Factors Is Not an Inherent Risk

question 44

Multiple Choice

Which of the following factors is not an inherent risk factor related to asset impairment?

• A) Management is normally not interested in identifying and writing down assets.
• B) Sometimes management wants to write down every potentially impaired asset to a minimum realizable value.
• C) Determining asset impairment requires a good information system, a systematic process, goods controls, and professional judgment.
• D) All of the above are inherent risk factors.

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Definitions:

Taxonomies

Taxonomies are classification schemes that organize information, concepts, or objects into hierarchical categories or groups.

Leader Behaviors

The actions and practices exhibited by leaders, influencing their effectiveness in guiding and motivating their followers.

Task-Oriented Behavior

A focus on getting the job done efficiently and effectively, often prioritizing tasks over personal relationships.

Accomplishing Task

refers to successfully completing specific assignments or objectives through effective planning, execution, and resource management.