Indicate if the control activity is for cash receipts or for cash payments including petty cash or both. 6. Cheque signers are not allowed to record cash payment transactions. 7. Company cheques are pre-numbered. 8. Daily cash counts are made by cashier department supervisors. 9. Only cashiers may operate cash registers. 10. Only the controller or assistant controller may sign cheques. 11. The bank statement is reconciled monthly by an intemal auditor. 12. The duties of receiving cash, recording cash, and maintaining custody of cash are assigned to different individuals