The ones with the x's are incorrect the drop down bar allows me to choose from these options - apply technological controls- divide responsibility for related transactions- establish responsibilities - Insure assets and bond key employees- maintain adequate records - Perform regular and independent reviews - separate record keeping from custody of assets

ave completed so far. It does not indicate com plet' Check my work mode ; This shows what is correct or incorrect for the work you h E Determine whether each procedure described below is an internal control strength or weakness then identify the internal control principle violated or followed for each procedure 1' The same employee requests. records and makes payment for purchases of inventory 3 l points 2. The company saves money by having employees involved in operations perform the only review of internal controls. 3. Time is saved by not updating records for use of supplies. 4. The recordkeeper is not allowed to write checks or initiate EFTs t} 5' Each salesclerk is in charge of his'her own cash drawer. 9 Answer Is complete but not entirely correct. 0 insure assets and bond key employees a} Weakness 9 Establish responsibilities 0i :3. Weakness 9 Maintain adequate records 01' 24, gStrength o lApply technological controls 91' 3 [Strength 0 LSeparate recordkeeping from custody of assets 0 3 gr: Hi3" J 'Y' \\_n - ,ype here to search C" 0 ~' 0 n a a a \\75FC|oudy/\\-b