Which of the Following Is Not a Primary Consideration When

question 20

Multiple Choice

Which of the following is not a primary consideration when assessing inherent risk?

• A) nature of client's business
• B) existence of related parties
• C) degree of separation of duties
• D) susceptibility to defalcation

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Definitions:

Technical Breakthroughs

Significant advancements or innovations in technology that fundamentally change processes, products, or industries.

High-Quality Products

Items that meet or exceed customer expectations in terms of performance, durability, and reliability.

SWOT Analysis

A planning instrument for strategy that recognizes the Strengths, Weaknesses, Opportunities, and Threats connected with business competition or the planning of a project.

Internal Factors

Factors within an organization that can affect its operations and success, including its resources, processes, and organization culture.