Pennington Company has the following internal control procedures over cash disbursements.

Identify the internal control principle that is applicable to each procedure.

(a)Company checks are prenumbered.select a principle of internal control

Independent Internal Verification

Physical Controls

Establishment of Responsibility

Segregation of Duties

Documentation Procedures

Human Resource Controls

(b)The bank statement is reconciled monthly by an internal auditor.select a principle of internal control

Independent Internal Verification

Documentation Procedures

Human Resource Controls

Segregation of Duties

Establishment of Responsibility

Physical Controls

(c)Blank checks are stored in a safe in the treasurer's office.select a principle of internal control

Segregation of Duties

Independent Internal Verification

Physical Controls

Human Resource Controls

Establishment of Responsibility

Documentation Procedures

(d)Only the treasurer or assistant treasurer may sign checks.select a principle of internal control

Physical Controls

Documentation Procedures

Segregation of Duties

Human Resource Controls

Establishment of Responsibility

Independent Internal Verification

(e)Check-signers are not allowed to record cash disbursement transactions.select a principle of internal control

Establishment of Responsibility

Physical Controls

Independent Internal Verification

Segregation of Duties

Human Resource Controls

Documentation Procedures