Question: answer 10 until 15 plis thankyou 10. a) Explain the control principle of independent internal verification. (bs) Whal practices are important in applying this principle?

answer 10 until 15 plis thankyou answer 10 until 15 plis thankyou 10. a) Explain the control principle

10. a) Explain the control principle of independent internal verification. (bs) Whal practices are important in applying this principle? 11. The management of Sowell Company asks you, as the company accountant, to explain (a) the concept of reason- able insurance in internal control and (b) the importance of the human factor in internal control 12. McCartney Fertilizer Co. owns the following assets at the balance sheci date. $ 8.000 85%E Cash in bank savings account Cash on hand Cash rolund due from the IRS Checking alucount balance Puskdaled cheeks 12.00 What amount should McCartney report as cash in the bal- ance sheet2 13. Whal principle(s) of internal control is (are) involved in making daily cash counts of over-the-counter receipts? 14. Jacobs Department Stores has just installed now electronic cash registers in its stores. How do cash registers improve internal control over cash receipts 15. Au Hummel Wholesale Company, Iwo mail clerks open all mail receipts How does this strengthen internal control? 2 25

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