To strengthen internal control over the custody of heavy mobile equipment,the client would most likely institute a policy requiring a periodic

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Inspecting the equipment and reconciling it with accounting records will help ensure that all equipment is accounted for and in the proper location. This will help detect any discrepancies and prevent equipment from being lost or stolen. A periodic increase in insurance coverage or verification of liens, pledges, and collateralizations would not necessarily strengthen internal control over custody of equipment, and accounting for work orders is only one aspect of internal control.

To Strengthen Internal Control Over the Custody of Heavy Mobile