Identify the internal control principle that was violated in each of the following separate situations.

Identify the internal control principle that was violated in each of the following separate situations. Principle Violated Situations A disgruntled employee stole expensive equipment from a room they were unauthorized to enter. The room displayed a sign, "Authorized Employees Only," but did not include any physical locks or ID scanners to limit access. As a result of significant internal control weaknesses, the company lost millions and was forced to close. Two years prior, the company stopped paying for regular audits of internal control to save for renovations of executive offices. The recordkeeper left town after the owner discovered a large sum of money had disappeared. An audit found that the recordkeeper had written and signed several checks made payable to his fianc and recorded the checks as salaries expense. b. Apply technological controls Perform regular and independent reviews Separate recordkeeping from custody of assets