Which of These Factors Contributleast to the Risk of Misstatement

question 36

Multiple Choice

Which of these factors contributleast 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:

Ethical Culture

The character of an organization's environment that contributes to the ethical behavior of its employees, defined by shared beliefs, values, practices, and systems.

Caring

Showing kindness and concern for others, often expressed through actions meant to support or help.

Compassion

A feeling of deep sympathy and sorrow for another who is stricken by misfortune, accompanied by a strong desire to alleviate the suffering.

Support

Assistance provided to meet the physical, emotional, or financial needs of individuals or groups.