why does low transaction volume cause control risk to increase? I'm talking about transaction volume (quantity) here

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why does low transaction volume cause control risk to increase? I'm talking about transaction volume (quantity) here not the values of transactions.

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Oct 04, 2023 06:29 AM

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why does low transaction volume cause control risk to increase? I'm talking about transaction volume (quantity) here

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Solution Low transaction volume can increase control risk for a number of reasons Reduced visibility With fewer transactions to review it can be more difficult for management to identify and detect po... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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