11 7 TURI Tools Add-ons Help Last edit was seconds ago hal text Arial + BIUA 19 EE-EE* 2 1. Below are descriptions of internal control problems. In the space to the left of each item, enter the code letter of the one best internal control activity that is related to the problem described. Each code letter can be used more than once Control activities A. Establishment of responsibility B. Segregation of duties C. Physical control devices D. Documentation procedures E Internal performance reviews F. Other controls 1. The same person opens incoming mail and posts to the accounts receivable subsidiary ledger. 2. Three people handle cash sales from the same cash register drawer. 3. A clothing store is experiencing a high level of inventory shortages because people try on clothing and walk out of the store without paying for the merchandise. 4. The person who is authorized to sign cheques approves purchase orders for payment. - 5. Some cash payments are not recorded because cheques are not prenumbered. 6. Cash shortages are not discovered because there are no daily cash counts by supervisors. 7. The controller of the company has not taken a vacation for over 20 years.. D