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Thu Jun 20. att LT Document (23) Draw Home Insert Layout Review View Calibri Regular (B B I U A. 11 7. Each of the following is a feature of internal control, except (2 Points) a. management planning. b. periodic independent verification. c. limited access to assets. d. authorization of transactions. 8. If it takes Gledhill Company 45 days to sell inventory, 23 days to collect from the sale, and creditors payment terms are 30 days, the financing period is (2 Points) a. 98 days. b. 23 days c. 45 days. d. 38 days
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