1. Which of the following would probably not cause inventory shrinkage?A. Spills

1. Which of the following would probably not cause inventory shrinkage?A. Spills of itemsB. Employee theftC. Correct counting of all inventoryD. Spoilage of items2. Goods available for sale are $350000; beginning inventory is $24000; ending inventory is $32000; and cost of goods sold is $275000. The inventory turnover isA. 8.59.B. 9.82.C. 11.46.D. 12.50.3. Which items may not limit the effectiveness of internal control systems in an organization?A. Properly designed controlsB. Costs not worth benefitsC. CollusionD. Overriding controls4. The balance sheet format that lists assets above liabilities is the _______ form.A. reportB. liquidityC. accountD. alphabetical