You are working on the audit of Chip Ltd and have completed your review of controls over cash receipts. You have noted the following controls:

Control 1: Handling of cash is entirely separate from the accounting department.

Control 2: Before the accounting department posts sales invoices to the accounts receivable master file, cash receipts are matched to specific sales invoices.

Control 3: The accounting department have a procedure whereby all recorded cash receipts are independently checked to ensure they are recorded correctly.

Control 4: Cash is deposited every day at the bank.

Required for each of the four (4) 'Controls' above: Identify the assertion(s) that this control will have an effect on in the financial report; AND provide an example of a procedure that could be used to test each control.