Pro For nend what the business em 7-1B Principles of internal control LO1 he following five scenarios, identify the principle of internal control that is violated. Next, recom- iness should do to ensure adherence to principles of internal control. to Tamerick Company is a fairly small organization but has segregated the duties of cash receipts cash disbursements. However, the employee responsible for cash disbursements also recon- ciles the bank account monthly. encer is the most computer literate employee in his company. His boss has recently asked him to put password protection on all the office computers. Stan's main job at the company is to process payroll where pay rates are changed and person . Stan has put a password in place that now allows only his boss access to the file a Starlight Theatre has a computerized order-taking system for its tickets. The system is active all 4 Trek There Company has two employees handling acquisitions of inventory. One employee places 5. The owner of Holiday Helper uses a cheque protector to perforate cheques, making it difficult for el are added or deleted from the company payroll. week and backed up every Friday night. purchase orders and pays vendors. The second employee receives the merchandise. anyone to alter the amount of the cheque. The cheque protector sits on the owner's desk in an of- fice that houses company cheques and is often unlocked. Inerosina the nettu cash fund 104