Discuss accounts receivables/payables has a high risk value


Problem: In a presentation to a corporate board the CIO has stated that the recommended proprietary changes to the enterprise resource planning software (ERP) that has software for payroll, purchasing, human resources, and accounts receivables/payables has a high risk value. What does this mean? Group of answer choices The chances of anything wrong happening are seldom, but the consequences could be catastropic The risk is likely to occur often or constant and have negative consequences Even though the change will bring positive changes often, the severity of the affects of the change are occasionally serious The risk is not likely to happen, but if it does, it will be expensive

 

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Accounting Basics: Discuss accounts receivables/payables has a high risk value
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