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Tene Ltd. has the following internal controls over cash receipts. Identify the control activity that is applicable to each procedure 1. All over-the-counter receipts are

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Tene Ltd. has the following internal controls over cash receipts. Identify the control activity that is applicable to each procedure 1. All over-the-counter receipts are recorded on cash registers. 2. Daily cash counts are performed by the accounting supervisor 3. The duties of receiving cash, recording cash, and maintaining custody of cash TSearegation of duties 4. 5. Assignment of responsibility Physical controls are assigned to different individuals Only cashiers may operate cash registers. Assignment of responsibility All cash is deposited intact in the bank account every day. Segregation of duties

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