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

Question

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

Quizplus · Accepted Answer

The Answer of 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

Factors That Indicate the Need for Internal Controls Over Fixed