Each Category of Processes in the Typical Purchasing System Would

Multiple Choice

Each category of processes in the typical purchasing system would include controls and risks.For each of the categories, the goal of the internal controls system is to reduce specific types of business risks.Which of the following is not one of those risks?

A) Recording invalid transactions
B) Recording transactions at the wrong amounts
C) Omitting actual transactions from the accounting records
D) Transactions properly accumulated or transferred to the correct accounting records