3. Information and communication includes all of the following except: A) identifying and recording all valid transactions. B) determining the time period in which transactions occurred. C) communicating price changes to customers. D) properly presenting transactions and related disclosures in the financial statements. 4. Proper segregation of functional responsibilities in an effective system of internal control calls for separation of the functions of: A) authorization, execution, and payment. B) authorization, recording, and custody. C) custody, execution, and reporting. D) authorization, payment, and recording