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Whole Fruits Market took the following actions to improve internal controls. For each of the following actions, select the internal control principle the company followed

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Whole Fruits Market took the following actions to improve internal controls. For each of the following actions, select the internal control principle the company followed Answer is complete but not entirely correct. C Prohibit the recordo per trom having control over cash Purchased an insurance (bonding) policy against losses from theft by a cashier Ench Cashier is designated a specific cash drawer and is solely responsible for cash in that drawer Detailed records of inventory are kept to ensure om lost or stolen do not go unnoticed Digital clocks are used to register which employees are at work at what times External auditors are regularly hired to evaluate internal controls d. Apply technological controls Insure assets and bond key employees Establish responsibilities Maintain adequate records Perform regular and independent reviews Separate recordkeeping from custody of assets OOOO t

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