D Question 1 0.25 pts Internal control is: an information system that reports on the economic activities and financial condition of a business or other organization. the process designed to ensure reliable financial reporting, effective and efficient operations, and compliance with applicable laws and regulations. Safeguarding assets against theft and unauthorized use, acquisition, or disposal is also part of internal control. None of the above the schedule that identifies and explains differences between the cash balance reported by the bank and the cash balance in the firm's accounting records. D Question 2 0.25 pts The schedule that identifies and explains differences between the cash balance reported by the bank and the cash balance in the firm's accounting records is called a: Money Calendar Bank Reconciliation Cash Platform Cash Report