Internal control systems include policies and procedures designed to provide reasonable assurance that the corporation’s objectives are being met in three areas:
a. Effectiveness and efficiency of operations
b. Reliability of financial reporting
c. Compliance with applicable laws and regulations
Like any other business, a grocery store uses internal control activities to meet their objectives in these three areas.

Required:
Attempt to name a control for each area and describe how the control helps accomplish the store’s objectives in these areas.