A General Rule That Should Be Followed When Developing Control

question 9

Multiple Choice

A general rule that should be followed when developing control procedures for a company's assets is:

• A)The cost of the control procedure will likely exceed the procedure's benefit
• B)The procedure should not be designed and implemented unless an asset's cost exceeds $5,000
• C)The more liquid an asset is, the greater the risk of its misappropriation
• D)The procedure should not be designed and implemented in situations where a risk assessment has been previously performed

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Definitions:

Transpiration

The pathway that water takes, moving from the roots to microscopic pores located on the leaf undersides, where it vaporizes and escapes into the surrounding air.

Mycorrhiza

Mutually beneficial partnership between a fungus and a plant root.

Mutual Beneficial Association

A relationship between two or more organisms where all parties involved gain benefits, often seen in symbiotic relationships.

O Horizon

The topmost layer of soil, primarily composed of organic matter such as decomposed leaves, twigs, and other plant material.