The company's undepreciated capital cost at the beginning of the current year is close to: a) $114.700 b) $294,000 c) $291,060 d) $186,000 The total depreciation deduction permitted at the end of the current year is close to: a) $2,940 b) $265,700 c) $114,700 d) $28,300 If the company purchases a second forklift for $12,000 at the beginning of next year, the depreciation deduction for asset class 38 at the end of next year is close to: a) $7,800 b) $4,740 c) $6,000 d) $3,600 Considering the purchase of the 2nd forklift, the book value of the company's assets at the end of next year is close to: a) $244,485 b) $242,669 c) $288,149 d) $254.900

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Please use the below format for your submitted answers, using a table or spreadsheet: Response Spreadsheet or Table Format 1. Segregation of II. Subsidiary ledger Duties errors A1. COSO objective A2. Design adequacy or Operational effectiveness A3. Insignificant, Significant, or Material A4. Overall conclusions B1. IA reporting B2. Management reporting III. Untimely reconciliations

show journal entry (for part b) assuming estimate is considered to be accurate. and show a journal entry (from part b) assuming the amount is large enough to intentionally impact decision of users.

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