When Assessing Risks Affecting Cash

Multiple Choice

When assessing risks affecting cash,

A) if a business defers preparing bank reconciliations for long periods, the value of the control is reduced and may affect the auditor's assessment of control risk for cash.
B) most companies are likely to have significant client business risks affecting their cash balances.
C) there is a low inherent risk for the existence and completeness objectives for cash.
D) all of the above are accurate statements.