Internal control is made up of five different components that are interrelated. Select from the option list provided which of the five components is being described for each of the following. Each choice may be used once, more than once, or not at all.

StatementComponent$1.$ Employees who receive payments from customers do not record the payments in the receipts ledger.

$2.$ The quarterly review made by the internal audit committee.

$3.$ High demand for new products encourages management to move into a new factory.

$4.$ Storing customer receipts in a safe until deposited at the bank.

$5.$ The software system used to record purchases made by the company.

$6.$ Training procedures for new employees.

$7.$ The hiring of a new CEO with a very different management style.

$8.$ A zero tolerance policy that calls for the termination of anyone acting unethically.