One of the major controls over cash and cash transfers is to ensure that only authorised personnel are handling cash, making cash transfers, or investing excess cash. a. Electronic transfer of excess cash funds to the organisation's major account for cash management and investment b. Regular disbursement of payment for accounts payable c. Transfer of funds to the imprest payroll account d. Investment of excess funds in non-traditional financial instruments e. Endorsement for daily cash deposits

Required: a. For each of the above situations, indicate the appropriate position of the individual who should be authorized to initiate and implement the transaction. b. For each type of authorization identified in part a, indicate the audit evidence the auditor would gather to determine whether transactions were appropriately authorized.