CPY Corporation Replaces One Third of Its Computers Every Year;

Multiple Choice

CPY Corporation replaces one third of its computers every year; SLP Corporation replaces its computers when employees submit a request, but no more frequently than once every four years.Which of the following statements is most true?

A) CPY's replacement policy does a better job safeguarding assets.
B) SLP's replacement policy does a better job safeguarding assets.
C) Neither replacement schedule helps achieve the internal control purpose of safeguarding assets, but replacing a computer may help promote operating efficiency.
D) Neither replacement schedule helps achieve the internal control purpose of safeguarding assets because information is not an asset reported on the balance sheet.