Risks Related to Assets/liability Management That Auditors Should Be Aware

Risks related to assets/liability management that auditors should be aware of include all of the following EXCEPT:

A) Deficient information processing, accounting, reconcilement, and reporting systems in relation to transaction volume and complexity
B) Failure to effectively manage third-party vendors
C) Failure to use legal counsel effectively
D) Deficiencies in the integration of purchase-oriented businesses with the responsibilities associated with fiduciary relationships

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