Question: Following are five separate cases involving internal control issues. Required: 1. For each case. identifv the princible(s) of internal control that is violated. Separate recordkeeping

For each case. identifv the princible(s) of internal control that is violated.

Separate recordkeeping from custody of assets. Apply technological controls. Divide responsibility for

Following are five separate cases involving internal control issues. Required: 1. For each case. identifv the princible(s) of internal control that is violated. Separate recordkeeping from custody of assets. Apply technological controls. Divide responsibility for related transactions. Establish responsibilities. Perform regular and independent reviews. Divide responsibility for related transactions. Establish responsibilities. Perform regular and independent reviews. Insure assets and bond key employees. Maintain adequate records

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