Select from the option list provided the cycle that best matches each control. A choice may be used once, more than once, or not at all.

Inventory and warehousing cycle

Investing Cycle

Property, Plant, and Equipment Cycle

Sales Cycle

A. Written policies for acquisition and retirement of fixed assets

B. Specific identification of certificate numbers when possible.

C. Limited physical access to noncurrent assets when feasible

D. Transfers of raw materials, finished goods, and costs are subject to cost accounting internal control activities.

E. Physical safeguards over stocks and bonds.

Question 51 options:

1234	Transfers of raw materials, finished goods, and costs are subject to cost accounting internal control activities.
1234	Limited physical access to noncurrent assets when feasible.
1234	Physical safeguards over stocks and bonds.
1234	Specific identification of certificate numbers when possible.
1234	Written policies for acquisition and retirement of fixed assets

1.	Inventory and warehousing cycle
2.	Investing Cycle
3.	Property, Plant, and Equipment Cycle
4.	Sales Cycle