9 (5 points) What is the term used to account for theft, breakage and other reasons for missing inventory? Question 10 (5 points) All of the following are goals of internal control except? Safeguard assets Penalize the CFO and CEO if there is financial fraud Encourage employees to follow company policies O Promote operational efficiency Question 11 (5 points) What divides responsibilities between two or more people to limit fraud and promote accuracy of accounting records? Firewall Collusion Internal control Separation of duties Question 12 (10 points) Bank Balance 15,300 Book Balance 16,450 Outstanding checks 450 Deposits in transit 1,500 Bank fees not recorded 50 Non sufficient checks 300 Customer ACH deposit 250 What is the adjusted bank balance? 14,250 16,250 16,350