Which control is not a part of the fixed asset system?
A)formal analysis of the purchase request
B)review of the assumptions used in the capital budgeting model
C)development of an economic order quantity model
D)estimates of anticipated cost savings

Question

Quizplus · Accepted Answer

The economic order quantity model is related to inventory management, not fixed asset management. The other options are all important controls in a fixed asset system, including analyzing purchase requests, reviewing capital budgeting assumptions, and estimating cost savings.

Which Control Is Not a Part of the Fixed Asset