For each of the independent cases below, identify the principle of internal control that is violated, and recommend what should be done to remedy the violation.

In order to save money, Indigo Company has decided to drop its property insuranoe on assets. and stop bonding the cashiers who handle upvards of $$5,000$ in cash each day,

Jobs Company records each sale on a preprinted invoice. Eecause invoices are sometimes damaged in the process of preparation, the invoices are not prenumbered. Instead, the saies clerk writes the next number on each invoice as it is prepared.

Keegan Company is a very smal business. Dylan Epps, one of the two office clefk, opens the mail each day and removes the cash receipts that come in the mall Dylan also records the recespts in the cash records and the custome's account and doposits the cash in the bark

Ludwig Company prides itself on hiring only the most competent employees. The owner. Jerenry Ludwi, believes that since the errployees are highly competent he can show he tusts them completely by not checking up on their performance.