uestion 4 4) Which of the following describes the internal control procedure "assignment of responsibilities?" A) To validate their accounting records, a company should have an audit by an external accountant. B) A company should separate the custody of assets from accounting. C) The external auditors will monitor internal controls. D) A company should have clearly assigned responsibilities for each position. Question 5 5) Which of the following describes the internal control procedure "separation of duties? A) Cashiers must not have access to accounting records B) External auditors will monitor internal controls. C) The information system is critical D) The invoices and other documents must be pre-numbered