received the goods are counted and a prenumbered receiving report is prepared with a copy sent to accounting. The goods are stored in the warehouse under the control of the shipping manager. The receiving report is used to update the perpetual records, which include only quantities and are used to determine the need to reorder goods and for control over the physical quantities of inventory. When a vendor's invoice is received, the chief accountant compares it to the purchase order, and for tangible goods the receiving report, for both accuracy and appropriateness of the expenditure, then staples the documents and initials each vendor's invoice. She then records the transaction in the purchases journal and related records using small business accounting software. Password protection is used for all records to prevent unauthorized access. The chief accountant prepares the checks and updates the cash disbursements journal using the same accounting software and submits the checks to Bergeron's president for signature along with all supporting documentation.. The president reviews and initials all support before signing checks and mails them to vendors on his way home from work. The controller receives the monthly bank recon- Ciliation directly from the bank and does a detailed reconciliation, including examining cancelled checks and supporting documentation for larger and unusual amounts. The controller also receives the monthly accounts payable listing from the chief accountant, compares the total to the general ledger, initials the listing and files it. Once each quarter the inventory is counted and compared to the perpetual records, both as a check on record keeping and to determine if there are inventory losses. Differences are listed, used for Hiscussion with the controller and shipping manager, and filed. . List at least ten internal controls in the Bergeron acquisition and payment cycle. Be as Required specific as possible. For each control, identify the transaction-related audit objective(s) to which the control relates. (C. For each control, list one test of control that is useful to test the effectiveness of the control. Be as specific as possible