Question: Exercise 6 - 2 ( Algo ) Identifying Internal control principles LO C 1 Whole Fruits Market took the following actions to improve internal controls.

Exercise 6-2(Algo) Identifying Internal control principles LO C1
Whole Fruits Market took the following actions to improve internal controls. For each of the following actions, identify the internal control principle the company followed.a. Cash registers contain locked electronic files that keep records of each sale.Maintain adequate recordsb. Employees requesting purchases of inventory cannot approve payment for that inventory.c. The most important assets of the business are insured.d. Preprinted forms are used to reduce the chance of missing transaction details.e. External auditors are regularly hired to evaluate internal controls.f. Prohibit the recordkeeper from having control over cash.

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