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.