Question 4 Preparing a bank reconciliation on a quarterly basis o violates the physical control principle. O violates the independent internal verification principle. O complies with the independent internal verification principle. O complies with the documentation principle. Question 8 2 pts Which item below requires an adjusting entry for a company having a corporate checking account at a local bank? O Company error O Outstanding deposits O Outstanding checks Bank error Question 9 2 pt: A furniture store has one person order inventory, receive ordered goods and pay for the ordered goods. The store's practice o increases the potential for errors and fraud. O decreases the potential for errors and fraud. o is an efficient business practice that is consistent with a strong internal control system O is consistent with the documentation principle of internal control