Inherent risk has been defined in the standards as follows: The susceptibility of an assertion about a class of transaction, account balance or disclosure to a misstatement that could be material, either individually or when aggregated with other misstatements, before consideration of any related controls.
exists and is an alternate of . Xenon is an inert gas. Like all the inert gases, it is a gas at room temperature.
Phenols are similar to alcohols but form stronger hydrogen bonds. Thus, they are more soluble in water than are alcohols and have higher boiling points. Phenols occur either as colourless liquids or white solids at room temperature and may be highly toxic and caustic.