The following is a control in the finance and investment cycle. "Fixed assets purchased are recorded at the date of receipt (per GRN) and when sold as from the date that the risks and rewards of ownership passes to the purchaser in substance." What is the control objective? Question 4Answer a. Classification, ensuring that the asset is classified according to the company policy. b. Cut-off, ensuring that the asset is recorded in the correct financial period. c. Recording, ensuring that the asset is recorded. d. Accuracy, ensuring that the asset is recording at the correct price