Question 1 2 Points Each of the following internal controls has been taken from a standard internal control questionnaire used by a CPA firm for assessing control risk in the payroll and personnel cycle. 1. All prenumbered time records are accounted for before beginning data entry for preparation of payroll. 2. Persons preparing the payroll do not perform other payroll duties (timekeeping, distribution of checks) or have access to payroll data master files or cash. a. For each internal control, identify the type(s) of specific control activity (or activities) to which it applies (such as adequate documents and records or physical control over assets and records). b. For each internal control, identify the transaction-related audit objective(s) to which it applies