ICE 8... I NEED ONLY 1A and 2A solved

PE 7-1 A Identify each of the following as relating to (a) the control environment, (b) control pro- cedures, or (c) information and communication: 1. Organizational structure 2. Report of company's conformity with environmental laws and regulations 3. Proofs and security measures Internal control elements OBJ. 2 EE 7-1 p 327 SHOW ME HOW PE 7-1 B Identify each of the following as relating to (a) the control environment, (b) control procedures, or (c) monitoring: 1. Hiring of external auditors to review the adequacy of controls 2. Personnel policies 3. Safeguarding inventory in a locked warehouse Internal control elements EE 7-1 p 327 OBJ. 2 ME HOW PE 7-2A Items on company's bank statement The following items may appear on a bank statement: 1. Bank correction of an error from recording a $6,200 deposit as $2,600 2. EFT payment 3. Note collected for company EE7-2 p 332 OBJ.4 ME HOw Service charge Using the following format, indicate whether each item would appear as a debit or credit memo on the bank statement and whether the item would increase or decrease the bal- ance of the company's account: Appears on the Bank Statement as a Debit or Credit Memo Increases or Decreases the Balance of the Company's Bank Account Item No