q7 c6

Whole Fruits Market took the following actions to improve internal controls. For each of the following actions, select the internal control principle the company followed. a. Cash registers contain locked electronic files that keep records of each sale. b. The company divides responsibility for a transaction between multiple departments c. Detailed records of inventory are kept to ensure items lost or stolen do not go unnoticed d. Prohibit the recordkeeper from having control over cash. Purchased an insurance (bonding) policy against losses from theft by a cashier. 1. The company's internal auditors frequently assess the performance of internal controls or each of the following actions, select the internal control Perform regular and independent reviews Apply technological controls Divide responsibility for related transactions Maintain adequate records Separate recordkeeping from custody of accote TTTTTTTTTTTTTTTT Apply technological controls Divide responsibility for related transaction Maintain adequate records Separate recordkeeping from custody of assets Insure assets and bond key employees