Identify the principles of internal control by selecting the correct answers below.

Multiple select question.

Match revenues with expenses in the same accounting period.

Establish responsibilities.

Insure assets.

Separate recordkeeping from custody of assets.

Perform regular and independent reviews.

Record assets at cost$.$

Maintain adequate records.

Apply technological controls.

Multiple choice question.

ensures employees will not steal company property

reduces risk of theft

helps establish responsibility

encourages employee theft