Final answer:
Effective internal control over movable fixed assets includes regular inventory checks, asset labeling, and segregation of duties.
Explanation:
Good internal control over movable fixed assets is crucial for organizations to safeguard their resources effectively. Three key points for achieving this include:
- Regular physical inventory checks: Conducting periodic physical counts of assets to ensure they match the recorded amounts.
- Asset labeling and tracking: Using unique asset tags or codes to track the location and movement of assets.
- Segregation of duties: Implementing separation of responsibilities in asset handling, such as custody, recordkeeping, and authorization, to prevent fraud.
Learn more about Internal control over movable fixed assets here:
https://brainly.com/question/32692888
