Match each of the following items with the appropriate internal control principle(s). Note: Some answer will use the same principle more than once (ie. principle 1 could be used as an answer more than once) and not all principles may be used (ie. principle 3 may not be the correct answer for any of the questions). Two clerks share the same cash drawer. The bookkeeper prepares and signs cheques. 1. Establish responsibility. 2. Maintain adequate records. Z-Mart hires Nelson and McGuire, CAs, to perform an audit. 3. Insure assets and bond employees. DO ODOO Z-Mart has an internal auditor on staff. 4. Separate recordkeeping from custody of assets. Divide responsibility for related transactions. 5. Z-Mart uses a computerized point of sale system. 6. Apply technological controls. Z-Mart uses a cheque protector 7. Perform regular and independent reviews. Z-Mart buys an insurance policy to protect against employee theft