8 5 points eBook References Problem 6-1A (Algo) Analyzing internal control LO C1 Following are five separate cases involving internal control issues. Required: 1. For each case, identify the principle(s) of internal control that is violated. a. At Tico Company, Julia and Trevor alternate lunch hours. Julia is the petty cash custodian, but if someone needs petty cash when she is at lunch, Trevor fills in as custodian. b. Marker Theater has a computerized order-taking system for its tickets. The system is backed up once a year. Establish responsibilities. Apply technological controls. c. Chi Han receives all incoming customer cash receipts for her employer and posts the customer payments to their respective accounts. d. Tywin company keeps very poor records of its equipment. Instead, the company asserts its employees are honest and would never steal from the company. e. The owner of Super Pharmacy uses a check software/printer to prepare checks, making it difficult for anyone to alter the amount of a check. The check software/printer, which is not password. protected, is on the owner's desk in an office that contains company checks and is normally unlocked. Separate recordkeeping from custody of assets. Maintain adequate records.