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Which of the following is not a common internal control activity related to the acquisition of property, plant, and equipment? - Requiring acquisitions to be
Which of the following is not a common internal control activity related to the acquisition of property, plant, and
equipment?
Requiring acquisitions to be authorized in relevant departments by the appropriate level of management
Analyzing monthly variances between authorized expenditures and actual costs.
Using a budget to forecast and control acquisitions and retirements.
Establishing a written company policy regarding the acquisition of raw material.
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