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Which of the following is not one of the policies and procedures that make up an internal control system? Multiple Choice O Protect assets Ensure reliable accounting Totum to investors Multiple Choice o Protect assets. o Ensure reliable accounting. o Guarantee a return to investors. o Urge adherence to company policies. Promote efficient operations. o of 15 Principles of internal control include all of the following except Multiple Choice Multiple Choice Apply technological controls. Maintaining security by having one person track and record assets. Perform regular and independent reviews Separate recordkeeping from custody of assets. C) Divide responsibilities for related transactions. The following information is available for Montrose Company at December 31: Cash in bank account Petty cash Money market fund balance Checks from customers NSF checks from customers returned by bank Treasury bill maturing in 60 days Money orders A nine month certificate of deposit maturing on June 30 of next year $ 8,540 $ 250 $10,400 $ 1,350 $ 805 $10,000 $ 290 $ 6,000 Based on this information, the amounts considered Cash and Cash Equivalents, respectively on December 31 are: Multiple Choice o Cash $10,430; Cash equivalents $20,400 o (C) Cash $8,540; Cash equivalents $22,290 o Cash $8,790; Cash equivalents $26,400 o Cash $19,190; Cash equivalents $16,000 Cash $11,235; Cash equivalents $26,400 The number of days' sales uncollected is used to: Multiple Choice Measure how many days of sales remain until the end of the y Multiple Choice Measure how many days of sales remain until the end of the year Determine the number of days that have passed without collecting on accounts receivable. Identify the likelihood of collecting sales on account Estimate how much time is likely to pass before the current amount of accounts receivable is received in cash, Measure the amount of cash sales during a period