Factors That Indicate the Need for Internal Controls Over Fixed

question 67

Multiple Choice

Factors that indicate the need for internal controls over fixed assets processes include all of the following, except:

• A)General nature of fixed assets makes the susceptible to theft because they are distributed throughout the business and are in the hands of many
• B)Large quantities of fixed assets
• C)High likelihood of obsolescence due to technological changes
• D)The high cost of assets

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Definitions:

Diagnosis

A physician’s determination of a patient’s condition, illness, or injury.

Procedure

A specific way of performing a task or a medical operation, which is designed to achieve a particular outcome.

Seventh Characters

In coding, these are additional characters used to provide more detail in diagnoses or conditions.

Late Effect

Cause-and-effect relationship between an original condition, illness, or injury and an additional problem caused by the existence of that original condition. Time is not a requirement for a diagnosis as a late effect because the additional concern may be present at any time.