A customer paid a total of $8,960 for a purchase, including 13% HST (Harmonized Sales Tax). How much was the HST? $8,000 $8.960 $1,031 $1.075 Which of the following statements is true in terms of an internal control system? A good internal control system will help a company achieve reliable financial reporting, effective and efficient operations, and compliance with laws and regulations. An internal control system cannot be considered effective until the possibility of human error has been completely eliminated. The extent of internal control activities adopted by a company must not be evaluated in terms of cost-benefit. Only large companies need to be concerned with a system of internal control. On January 1, 2018, a machine with a useful life of five years and a residual value of $2,500 was purchased for $25,000. Using the double diminishing-balance method, the depreciation expense for the year ending December 31, 2019 would be $10,000. $ 6,000. $ 9,000. $ 5,400