Explain the linkage of a risk-based approach to particular account balances. Use either inventory or accounts receivable

Question:

Explain the linkage of a risk-based approach to particular account balances. Use either inventory or to explain the linkage.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...