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:

Social Development

The process by which individuals learn to interact with others and to function successfully within society.

Same-Sex Couple

A romantic partnership between two individuals of the same gender, recognized in social and legal contexts.

Childcare

The care and supervision of children by a person other than the child's parents, typically provided during working hours.

Previous Marriage

A marriage that has been legally dissolved or ended, which was entered into before the current relationship or marital status.