The following circumstances may indicate risks related to cash collections, except:
A)High volume of cash collections
B)Centralized cash collections
C)Lack of consistency in the volume or source of collections
D)Presence of cash collections denominated in foreign currencies

Question

The following circumstances may indicate risks related to cash collections, except:
A)High volume of cash collections
B)Centralized cash collections
C)Lack of consistency in the volume or source of collections 
D)Presence of cash collections denominated in foreign currencies

Quizplus · Accepted Answer

Centralized cash collections typically reduce the risk of errors or fraud because they allow for better oversight and control over the cash collection process, as opposed to decentralized collections where inconsistencies and mismanagement are more likely to occur.

The Following Circumstances May Indicate Risks Related to Cash Collections