Select all that apply

Identify the principles of internal control by selecting the correct answers below.

Multiple select question.

Record assets at cost$.$

Maintain adequate records.

Insure assets.

Establish responsibilities.

Apply technological controls.

Separate recordkeeping from custody of assets.

Match revenues with expenses in the same accounting period.

Perform regular and independent reviews.

Up to $15$ years in prison with fines

Up to $15$ years in prison without fines

Up to $25$ years in prison with fines