Which of the Following Policies Constitutes a Control Weakness Related

question 31

Multiple Choice

Which of the following policies constitutes a control weakness related to the acquisition of factory equipment?

• A)Acquisitions are to be made through and approved by the department in need of the equipment.
• B)Advance executive approvals are required for equipment acquisitions.
• C)Variances between authorized equipment expenditures and actual costs are to be immediately reported to management.
• D)Depreciation policies are reviewed only once a year.

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Definitions:

Productive Language

Language individuals can produce for themselves.

Intelligence

The ability to learn, understand, and make judgments or have opinions that are based on reason.

Processing Speed

The rate at which an individual can complete mental tasks and interpret information, affecting cognitive functions.

Babbling

An infant’s repetition of syllables such as “ba-ba-ba-ba” and “ma-ma-ma,” which begins at about 6 months of age.