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.
The earth's atmosphere is about 0.0000087% xenon. Xenon produces a brilliant white flash of light when it is excited electrically and is widely used in strobe lights. The light emitted from xenon lamps is also used to kill bacteria and to power ruby lasers.