While assessing company ABC's production cycle, the following issues are identified. . . (Choose any five of the issues

[answerhappygod]

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.