13A. Which of the following is not a generally recognized internal control activity?

	a.	establishment of clear lines of authority to carry out specific tasks
	b.	preparation of bank reconciliations on a monthly basis
	c.	reducing the cost of hiring seasonal employees
	d.	limiting access to computerized accounting records

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13B.

Which of the following is not a generally recognized internal control activity?

	a.	establishment of clear lines of authority to carry out specific tasks
	b.	preparation of bank reconciliations on a monthly basis
	c.	reducing the cost of hiring seasonal employees
	d.	limiting access to computerized accounting records

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14a.

Which of the following is not considered to be a Cash Equivalent?

	a.	corporate commercial paper due in 60 days after purchase
	b.	U.S. Treasury bills with an original maturity of six months
	c.	a money market account with a stock brokerage firm
	d.	a certificate of deposit with a term of 75 days when acquired

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14B.

How are cash equivalents reported or disclosed in the financial statements?

	a.	They are included with cash as a current asset on the balance sheet.
	b.	They are only reported on the statement of cash flows.
	c.	They are only disclosed in the notes to the financial statements.
	d.	They are included with short-term investments as a current asset on the balance sheet.