ion that certain situations, even when they are ongoing, involve heightened levels ofrisk. Examples ofsituations that typically involve ahigh degree ofinherent risk include the following:* Complexity (the more that can gowrong, the more that will gowrong)* Cash receipts ("when cash passes hands ittends tostick")* Direct third-party beneficiaries (cash payments ofassistance toindividuals)* Prior problems (programs with a"problem past" are likely tocontinue to experience problems)* Prior unresponsiveness toidentified control weaknesses (situations where problems identified inthe past have still not been remedied) Traditionally, control-related policies and procedures related tofinance are classified into one ofthe following basic categories:* Authorization (all transactions need tobeproperly
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