Indicate whether each procedure is an example of good internal control or of weak internal control. If it is an example of food internal control, indicate which internal control principle is being followed. If it is an example of weak internal control, indicate which internal control principle is violated. Use the table below. Procedure IC Good or Weak? Related internal Control Principle 1 2. Several individuals operate the cash register using the same register drawer A monthly bank reconciliation is prepared by someone who has no other cash responsibilities Joe Cockrell writes checks and also records cash payment 3. entries 4. One individual orders inventory, while a different individual authorizes payments Unnumbered sales invoices from credit sales are forwarded to the accounting department every four weeles for recording 5 Indicate whether each procedure is an example of good internal control or of weak internal control. It is an ample of good internal control indicate which internal control principle is being followed: If it is an example of weak internal control indicate which internal control principle is violated. Use the table below. Procedure IC Good or Weak? Related Internal Control Principle 1. Several individuals operate the cash register using the same register drawer 2 Control Establet of som Human Resource Control Dotion Procedures Separation at Dulles Indende 3 Arjonthly bank reconciliation is prepared by someone who has no other cash responsibilities Joe Cockrell writes checks and also records cash payment entries One individual orders inventory, while a different individual authorises payments Unnumbered sales invoices from credit sales are forwarded to the accounting department every four weeks for recording 4 3 12:25 AM 70% D A Type here to search