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

Ibrahimhamm

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2022-06-30

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segregation of duties for employees in the accounts payable department
independent verification of invoices for disbursements recorded as equipment acquisitions
investigation of variances within a formal budgeting system
authorization by the board of directors of significant equipment acquisitions

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Ibrahimhamm

2022-06-30

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C. investigation of variances within a formal budgeting system

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