6 Identify the Internal control principle that was violated in each of the following separate situations. 8.75 points 8 02:31:26 b. eBook References C. Situations Principle Violated The recordkeeper left town after the owner discovered a large sum of money had disappeared. An audit found that the recordkeeper had written and signed several checks made payable to his fianc and recorded the checks as salaries expense. An employee was put in charge of handling cash. That employee later stole cash from the business. The company incurred an uninsured loss of $184,000. An employee stole thousands of dollars worth of equipment over many years. It took years for the company to discover the fraud because accounting records for equipment were rarely updated. Separate recordkeeping from custody of assets Insure assets and bond key employees Maintain adequate records