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Which of the following is an inherent limitation of internal control? Collusion. O Judgmental sampling. O Segregation of duties. Employee peer review. Information from Dominic

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Which of the following is an inherent limitation of internal control? Collusion. O Judgmental sampling. O Segregation of duties. Employee peer review. Information from Dominic Company's year-end financial statements is as follows: Year 1 Year 2 Current assets $ 4,000,000 $ 4,200,000 Current liabilities 2,000,000 1,800,000 Equity 5,000,000 5,400,000 Net sales 16,600,000 17,600,000 Cost of goods sold 12,400,000 12,800,000 Operating income 1,000,000 1,100,000 What is the current ratio at December 31, Year 2? 1.38 to 1. 03.08 to 1. 0 2.33 to 1. 2.94 to 1. All of the following are classifications on the statement of cash flows except Equity activities. O Investing activities. O Financing activities, O Operating activities

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