1. Which of the following is considered a strength in internal control? ng all paid invoices in a paid invoice folder. b lein c. Requesting that all employees take vacations d. Both b and c 2. Which of the following statements is true? a. Post-dated cheques should be included in "cash" on the Balance Sheet. b. Any salvage proceeds received from the sale of an unsuitable building found on purchased land should be recorded as a debit to land C. Business use of an employer's automobile is a taxable benefit. None the above 3. Which of the following is generally considered and recorded as a capital expenditure? a. Addition of an elevator to a building. One pencil sharpener at a cost of $20 machinery purchased d. Both a and c 4. Which internal control principle is violated if the bookkeeper records all incoming customer receipts and also posts the customer payments their accounts? d. Maintalnling records. c. Establishing a separation of duties. d. Safeguarding of assets and records 5. Which of the following statements is false? a. CPP is not deducted from an employee who is 17 b. Books and records must be kept for at least 5 years. C. Employees cannot reduce the amount d. Both b and c. income tax that deducted