While assessing company ABC's production cycle, the following issues are identified. . . (Choose any five of the issues and discuss the internal control procedure(s) that ABC should have in place to prevent or detect the weakness. ) 1. A production manager stole several expensive machines and covered up the loss by submitting a form to the accounting department indicating that the missing machines were obsolete and should be written off as worthless. 2. The quantity-on-hand balance for a key component shows a negative balance. 3. A factory supervisor accessed the operations list file and inflated the standards for work completed in his department. Consequently, future performance reports show favorable budget variances for that department. 4. A factory supervisor wrote off a robotic assembly machine as being sold for salvage but actually sold the machine and pocketed the proceeds. 5. Overproduction of a slow-moving product resulted in excessive inventory that had to eventually be marked down and sold at a loss.