Which of the following supplier balances would indicate a high risk in relation to the COMPLETENESS of the liability recorded at the year end?
A) A supplier with a high balance at the year end and with a low volume of transactions during the year
B) A supplier with a low balance at the year end and with a high volume of transactions during the year
C) A supplier with a low balance at the year end and with a low volume of transactions during the year
D) A supplier with a high balance at the year end and with a high volume of transactions during the year
Correct Answer:
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