1. Generally, is the inherent risk level for the human resource management process set at low, moderate...

Question:

1. Generally, is the inherent risk level for the human resource management process set at low, moderate or high? For what area of the process might the appropriate level differ from the previous answer? Why?
2. What inherent risk factors should an auditor consider when auditing the revenue process of a computer manufacturer?
3. Which type of confirmation is used more frequently by auditors? confirmations or confirmations? Why?

Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive... 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...