Brief Exercise 8-08 Pennington Company has the following internal control procedures over cash disbursements. Identify the internal control principle that is applicable to each procedure. a. Company checks are prenumbered. b. The bank statement is reconciled monthly by an internal auditor. Establishment of Responsibility Independent Internal Verification Documentation Procedures Physical Controls Segregation of Duties Human Resource Controls c. Blank checks are stored in a safe in the treasurer's office. d. Only the treasurer or assistant treasurer may sign checks. e. Check-signers are not allowed to record cash disbursement transactions