Segal Office Supply Limited recently changed its control activities over cash payments. The new activities include the following features:

1. All cheques are pre-numbered and written by an electronic cheque-writing system.

2. Before a cheque or electronic payment can be issued, each invoice must have the approval of Cindy van Bommel, the purchasing agent, and Ray Mills, the receiving department supervisor.

3. Cheques must be signed by either controller François Montpetit or assistant controller Mary Nishiyama. Before signing a cheque, the signer is expected to compare the amount of the cheque with the amount on the invoice.

4. After signing a cheque, the signer stamps the invoice "Paid" and writes in the date, cheque number, and amount of the cheque. The paid invoice is then sent to the accounting department for recording.

5. Blank cheques are stored in a safe in the controller's office. The combination to the safe is known only to the controller and assistant controller.

6. Each month, the bank statement is reconciled by a staff accountant who does not record payments.

Instructions

Identify the control activities and their application to cash payments at Segal Office Supply.