Question: Exercise 8 - 2 ( Algo ) Identifying Internal control principles LO C 1 Whole Fruits Market took the following actions to improve internal controls.

Exercise 8-2(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.
1. Apply technological controls
2. Divide responsibility for related transactions
3. Insure assets and bond key employees
4. Maintain adequate records
5. Perform regular and independent reviews
6. Separate record keeping from custody of assets
Exercise 8-2(Algo) Identifying Internal control principles LO C1 Whole Fruits Market

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