Sox Co. is being sued because of a product malfunction. It is reasonably possible that Sox will lose, but at fiscal year end the final result is unknown. In the financial statements at fiscal year end, Sox will

	Estimate the expected lawsuit loss and record it on the income statement.
	Estimate the expected lawsuit loss and record it in the Segment Reporting section of the notes to the financial statements.
	Disclose the facts of the lawsuit in the Contingencies section of the notes to the financial statements.
	No disclosure is required at all at fiscal year end because the final result is not known yet

Which of the following would improve control over cash disbursements?

	All disbursements should be made out of cash receipts.
	The same person should approve the disbursement and sign the check.
	Each check should be supported by a petty cash voucher.
	The same person should not sign the checks and prepare the bank reconciliation.