Determine whether each procedure described below is an internal control strength or weakness, then identify the internal control principle violated or followed for each procedure. 1. The owner does not use ID scanners to limit access to expensive merchandise. Instead, the owner argues they hire honest employees 2. The same employee requests, records, and makes payment for purchases of inventory. 3. Several salesclerks share the same cash drawer 4. Employees that handle easily transferable assets such as cash are bonded 5. The company devotes resources towards keeping accurate accounting records for machinery Weakness or Strength Internal Control Principle 1 2 3 4 5