Identify each of the following as a (a) purpose of an internal control system, (b) principle of internal control, or (c) limitation of internal control. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 1.Protect assets 2.Establish responsibilities 3.Human error 4.Maintain adequate records 5.Apply technological controls 6.Ensure reliable accounting 7.Insure assets and bond key employees 8.Human fraud 9.Separate recordkeeping from custody of assets 10.Divide responsibility for related transactions 11.Cost-benefit principle 12.Promote efficient operations 13.Perform regular and independent reviews 14.Uphold company policies