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Question 5 The list below includes some of the components of internal control, a number of control activities, as well as a number of matters

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Question 5 The list below includes some of the components of internal control, a number of control activities, as well as a number of matters that relate directly to the company's information systems. Identify which items on the list are examples of methods of internal control. 5.1 Control environment 5.2 Source document design 5.3 Segregation (division) of duties 5.4 Isolation of responsibility 5.5 Access/custody controls 5.6 Risk assessment 5.7 Frequent comparison and reconciliation 5.8 Insurance (5 Marks) Question 6 Explain how a company would protect its cash at the bank

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