CPY Corporation replaces one third of its computers every year; SLP Corporation replaces its computers when employees submit a request, but no more frequently than once every four years.Which of the following statements is most true?
A)CPY's replacement policy does a better job safeguarding assets.
B)SLP's replacement policy does a better job safeguarding assets.
C)Neither replacement schedule helps achieve the internal control purpose of safeguarding assets, but replacing a computer may help promote operating efficiency.
D)Neither replacement schedule helps achieve the internal control purpose of safeguarding assets because information is not an asset reported on the balance sheet.

Question

Quizplus · Accepted Answer

The Answer is C

CPY Corporation Replaces One Third of Its Computers Every Year;