Six internal control principles related to cash transactions are discussed in the textbook. These principles, with code letters, are: Code ABCDEE Internal Control Principle Authorization Segregation of duties Documentation Safeguard assets and records Independent verification Other controls Instructions: Match the above principles to the following applications related to cash receipts and cash disbursements by placing the code in the space provided. Each code letter can be used once, more than once, or not at all. 1. The duties of receiving and recording cash should be assigned to different individuals. 2. Daily cash counts should be made by cashier department supervisors. 3. Cash receipts should be deposited in the bank in total daily. 4. Cash register tapes should be used for over-the-counter receipts. 5. Each cheque should be compared with approved invoices before being issued. 6. The duties of approving an item for payment and paying the item should be performed by different individuals. 7. All cheques should be prenumbered. 8. Only the controller should be authorized to sign cheques.