C v ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%... ( * *0 Update s M Gmail YouTube Maps & ID S Question 3 - Exa... Reading List Acct 311 Lab - Self Review (Ch 5) i Saved Help Save & Exit *Submit Check my work Home Repair Corp. (HRC) operates a building maintenance and repair business. The business has three office employees-a sales manager, a materials/crew manager, and an accountant. HRC's cash payments system is described below. a. After a contract is signed with a customer, the sales manager prepares a pre-numbered purchase requisition form that eBook indicates the materials needed for the work at the repair site. b. Based on the purchase requisition form, the materials/crew manager prepares and sends a pre-numbered purchase order Print to suppliers of materials, advising them of the specific materials needed and the repair site to which they should be delivered. References c. The materials/crew manager is the only employee authorized to order goods. d. Upon receiving a supplier's invoice, the accountant compares it to terms indicated on the purchase order, noting in particular the prices charged and quantity ordered. e. If these documents are in agreement, the accountant prepares a pre-numbered cheque, stamps the invoice Paid, and prepares a journal entry to record the payment. The journal entry explanation references the sequential number on the purchase order. f. HRC's owner prepares monthly bank reconciliation and reviews cheques returned with the bank statement to ensure they have been issued to valid suppliers. Required: 1. For each statement (a) through (1), identify the internal control principle being applied