Determine whether each procedure described below is an internal control strength or weakness; then identify the internal control principle violated or followed for each procedure.

The company does not allow employees with access to cash to modify accounting records. Determine whether each procedure described below is an internal control strength or weakness; then identify the intemal control principle violated or followed for each procedure.

$1.$ The company does not allow employees with access to cash to modify accounting records.

$2.$ The company devotes resources towards keeping accurate accounting records for machinery.

$3.$ Several salesclerks share the same cash drawer.

$4.$ The owner does not use ID scanners to limit access to expensive merchandise. Instead, the owner argues they hire honest employees.

$5.$ The same employee requests, records, and makes payment for purchases of inventory.

Separate recordkeeping from custody of assets

Maintain adequate records

Establish responsibilities

Apply technological controls