7 B oge 2: 11 14 5 12 21 15 For each of the following 7 scenarios, you will indicate which internal control principle is applicable and whether it is considered a strength or weakness. Question 28 (0.5 points) Listen Accounts payable clerks are only able to access accounts payable information in the accounting software. They have no responsibility for accounts receivable information OA) Documentation B) Review and reconciliation OC) Segregation of Duties OD) Physical Controls E) Assignment of responsibility 17 18 20 www. 3 7 Page 2: 10 17 44 14 4 5 11 12 18 55 15 Is this control a strength or a weakness? A) Weakness B) Strength Question 30 (0.5 points) Listen Only the treasurer is assigned to sign cheques and complete e-transfers. A) Assignment of responsibility B) Documentation OC) Segregation of duties D) Physical Controls El Review and reconciliation 4 5 Page 2: 11 12 14 15 17 18 Is this control a strength or weakness? A) Strength B) Weakness Question 32 (0.5 points) Listen The company cheques and sales order forms are not pre-numbered. A) Documentation B) Segregation of duties C) Review and reconciliation D) Physical Controls E) Assignment of responsibility Page 2: 10 11 6 19 13 14 21 B 9 18 16 17 18 20 21 12 21 15 6 Llaren Is this control a strength or weakness? A) Weakness B) Strength Question 34 (0.5 points) Listen Surprise cash counts are done randomly throughout the month by the owner of the business. A) Segregation of duties B) Review and reconciliation OC) Physical Controls D) Assignment of responsibility 7 Page 2 11 14 9 21 12 15 17 18 is this control a strength or weakness? A) Strength B) Weakness ser Webcam Question 36 (0.5 points) Listen After an invoice is paid, the invoice, purchase order, and receiving report are stamped "paid". OA) Documentation B) Segregation of duties C) Review and reconciliation OD) Physical Controls E) Assignment of responsibility 9 16 13 5 Is this control a strength or weakness? A) Strength B) Weakness Page 2 10 11 12 14 - 31 17 2:0 15 91 18 19 21 Question 38 (0.5 points) Listen Employees must scan their photo identification badge to enter the building. A) Segregation of duties B) Physical Controls C) Assignment of responsibility D) Documentation E) Review and reconciliation Browser Webcam Own Browser + Webcam 16 13 19 S Page 2 10 11 12 17 71 210 14 15 11 18 - 12 Is this control a strength or weakness? A) Weakness B) Strength Question 40 (0.5 points) Paavani orders merchandise; she also receives inventory and authorizes payment for the merchandise. A) Physical Controls B) Segregation of duties C) Assignment of responsibility OD) Review and reconciliation