Which of the following is the best internal control over fixed assets?
A) Analyze monthly variances between authorized and actual expenditures.
B) Establish a written company policy distinguishing between capital and revenue expenditures.
C) Require acquisitions to be authorized by user departments.
D) Use a budget to control acquisitions and retirements.

Question

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The Answer of Which of the following is the best internal control over fixed assets?
A) Analyze monthly variances between authorized and actual expenditures.
B) Establish a written company policy distinguishing between capital and revenue expenditures.
C) Require acquisitions to be authorized by user departments.
D) Use a budget to control acquisitions and retirements.

Which of the Following Is the Best Internal Control Over