Question: Fox Erasing has a system of internmal control with the following procedures. Match the procedure to the corresponding internal control principle Procedure Internal Control Principle

procedures. Match the procedure to the corresponding internal control principle Procedure Internal

Fox Erasing has a system of internmal control with the following procedures. Match the procedure to the corresponding internal control principle Procedure Internal Control Principle 1. The treasurer signs checks. 2. The treasurer is not allowed to make bank deposits. 3. The company's checks are prenumbered. 4. Unused checks are stored in the vault. 5. A bank reconciliation is prepared each month. Document Procedures Establish Responsibility Independently Verify Restrict Access Segregate Duties

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