Select all that applyInternal control consists of plans to (Select all that apply.)Multiple select question.safeguard company assets.provide accurate and reliable accounting information.report misuse of company assets to investors.report management errors to the police.

Select all that applyWhich of the following are preventive controls?Multiple select question.ReconciliationsSeparation of dutiesPhysical controlsPerformance reviews

Select all that applyThe useful life of an intangible asset may be limited by what type of provisions? (Select all that apply.)Multiple select question.legalregulatorycontractualU.S. GAAPNeed help? Review these concept resources.Read About the Concept

Select all that applyThe control function of management:Multiple select question.rewards people for work well donegives workers the education and tools they need to make decisionstakes corrective action when necessarymeasures performance relative to the planned objectives and standards

Select all that applyWhich of the following are common controls over cash receipts? (Select all that apply.)Multiple select question.reducing the amount of total sales to customersopening mail daily and making a detailed list of checks receivedhaving two different employees take custody of the checks and make the depositplacing one trusted employee in charge of all cash-related activities

Multiple Select QuestionSelect all that applyThe purpose of a responsibility accounting system is to provide information to: (Check all that apply.)Multiple select question.evaluate the profitability or cost effectiveness of each department's activities.prepare financial statements for creditors and owners.evaluate managers' performance.assign costs and expenses to the managers responsible for controlling them.