Property acquisitions that are misclassified as maintenance expense would most likely be detected by an internal control system that provides for

Ibrahimhamm

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2022-06-30

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investigation of variances within a formal budgeting system
review and approval of the monthly depreciation entry by the plant supervisor
segregation of duties of employees in the accounts payable department
examination by the internal auditor of vendor invoices and canceled checks for property acquisitions

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Ibrahimhamm

2022-06-30

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A. investigation of variances within a formal budgeting system

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