Wong has the following internal controls over cash receipts and cash payments.

Identify the control activity that is applicable to each item in the table shown below:

All cash is deposited intact, in the bank account, daily.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
Blank cheques are stored in a safe in the controllers office.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
All cashiers are bonded.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
All over-the-counter receipts are recorded on cash registers.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
All payments, except for petty cash transactions, are made by cheque.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
Cheque signers are not allowed to record cash payment transactions.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
Company cheques are pre-numbered.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
Daily cash counts are made by cashier department supervisors.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
Only cashiers may operate cash registers.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
Only the controller or assistant controller may sign cheques.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
The bank statement is reconciled monthly by an internal auditor.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls
The duties of receiving cash, recording cash, and maintaining custody of cash are assigned to different individuals.	Segregation of Duties/Independent checks of performance/Documentation procedures/Physical and it control/ Establishment of responsibility/Human Resource Controls

Indicate if the control activity is for cash receipts or for cash payments including petty cash.

All cash is deposited intact, in the bank account, daily.

Cash Receipits/Both/Cash Payments

Blank cheques are stored in a safe in the controllers office.

Cash Receipits/Both/Cash Payments

All cashiers are bonded.

Cash Receipits/Both/Cash Payments

All over-the-counter receipts are recorded on cash registers.

Cash Receipits/Both/Cash Payments

All payments, except for petty cash transactions, are made by cheque.

Cash Receipits/Both/Cash Payments

Cheque signers are not allowed to record cash payment transactions.

Cash Receipits/Both/Cash Payments

Company cheques are pre-numbered.

Cash Receipits/Both/Cash Payments

Daily cash counts are made by cashier department supervisors.

Cash Receipits/Both/Cash Payments

Only cashiers may operate cash registers.

Cash Receipits/Both/Cash Payments

Only the controller or assistant controller may sign cheques.

Cash Receipits/Both/Cash Payments

The bank statement is reconciled monthly by an internal auditor.

Cash Receipits/Both/Cash Payments

The duties of receiving cash, recording cash, and maintaining custody of cash are assigned to different individuals.

Cash Receipits/Both/Cash Payments