Question Completion Status: Supervision is a compensating control to help make up the inability to have adequate or thorough segregation of duties. True O False QUESTION 33 Internal audit often performs an audit of the fixed assets to verify the asset does actually still exit and is in good condition. The performance of this audit is an example of which type of physical control? 2. Physical Inventory b. Physical reconciliation O Authorization d Independent verification QUESTION 34 Authorization occurs in the fixed asset cycle in which of the following tasks? a. Fixed asset acquisition only b. Fixed asset custody only O Fixed asset disposal only Od. Both fixed asset acquisition and disposal c. Both fixed asset acquisition and custody. Cuestion anned with CamScanner