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  3. Study Set
    Auditing and Assurance
  4. Exam
    Exam 9: Substantive Procedures and the Financial Statement Audit
  5. Question
    Inherent Risk Is Greatest For
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Inherent Risk Is Greatest For

Question 18

Question 18

Multiple Choice

Inherent risk is greatest for:


A) accounts with large balances.
B) accounts with large numbers of transactions.
C) accounts whose balance requires estimation.
D) All of the above.

Correct Answer:

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