Which of the following characteristics would lead theauditor to assess inherent risk relating to financial reporting at a higher level? a. The account balance represents an asset that is relatively easily stolen. b. The controls over the account balance are weak. c. The company has a history of exactly meeting analyst estimates. d. The company is in an industry that is mature and declining.
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Home » Business » Which of the following characteristics would lead theauditor to assess inherent risk relating to financial reporting at a higher level? a. The account balance represents an asset that is relatively easily stolen. b.