Question 10.10 . ( TCO 10 ) The annual return used to report Federal Une mployment Tax is the ( Points : 6 ) 1 . ( TCO 5 ) What are the five objectives of internal control ? Pick one of t he five and describe it in detail . Give an example of an internal control t hat meets that objective . ( Points : 26 ) Question 2 . 2 . ( TCO 6 ) ASO Corp . had the following situations during t he last 4 years of operation : i . The Allowance for Uncollectible Accounts has a $ 1,700 credit balance prior to adjustment . Net credit sales during 2011 are $ 600,000 , and 3 % are estimated to be uncollectible . Accounts Receivable has a balance of $ 110,000 on Dec 31 , 2011 . ii . The Allowance for Uncollectible Accounts has a $ 900 debit balance p rior to adjustment . Based on an aging schedule of accounts receivable pr epared on December 31 , 2012 , $ 17,900 of accounts receivable are estim ated to be uncollectible . Accounts Receivable has a balance of $ 104,000 on Dec 31 , 2012 . iii . The Allowance for Uncollectible Accounts has a $ 1,100 credit balanc e prior to adjustment . Based on an aging schedule of accounts receivable prepared on December 31 , 2013 , $ 20,000 of accounts receivable are esti mated to be uncollectible . Accounts Receivable has a balance of $ 87,000 on Dec 31 , 2013 . iv . The Allowance for Uncollectible Accounts has a $ 500 debit balance prior to adjustment . Net credit sales during 2014 are $ 900,000 , and 2 % a re estimated to be uncollectible . Accounts Receivable has a balance of $ 125,000 on Dec 31 , 2014 . ( Points : 26 ) Question 3 . 3 . ( TCO 7 ) Manito Company had the following inventory da ta for the current month . Units Unit Price Total Inventory 12 / 1 / 11 15 $ 55 $ 825 Purchase