Match each of the following transactions 1 through 10 with the applicable internal control principle A through G (some answers refer to more than one principle).
A. Establish responsibility.
B. Maintain adequate records.
C. Insure assets and bond employees.
D. Separate recordkeeping from custody of assets.
E. Divide responsibility for related transactions.
F. Apply technological controls.
G. Perform regular and independent reviews.

1. Cashier does not have access to the cash register recorded tape or file.
2. A company uses a voucher system.
3. No two clerks share the same cash drawer.
4. The bookkeeper prepares and signs checks.
5. A company uses a computerized point of sale system.
6. A company hires CPAs to perform an audit.
7. A company buys an insurance policy to protect against employee theft.
8. A company has separate departments for purchasing, receiving, and accounts payable.
9. A company has an internal auditor on staff.
10. A company uses a check protector.