Match each of the following objectives to the relevant control activities.

Objectives That Cash Receipts Controls Are Trying to Achieve

A$.$ Payments received are deposited intact on a timely basis.

B$.$ Payments received are completely credited to the correct customer accounts.

Control Activities

$1.$ A list of incoming receipts is prepared by the person who opens the remittances and who delivers the list to a person independent of the deposit function.

$2.$ Online entry that includes the input of a control total and$/$or hash total is used for each payment.

$3.$ A duplicate deposit slip is prepared by someone other than the person opening the mail.

$4.$ Deposits are made daily.

$5.$ Prenumbered batch control tickets include control totals of the number of remittances to be processed and total dollars to be applied.

$6.$ An agreement exists between the bank and the company on cash$-$handling activities, including when the remittances are added to the company$$s account.

$7.$ Management monitors controls to follow up on discrepancies in accounts receivable postings.