Question: match #1-8 with either a-d Internal controls have four basic purposes in organizations. Please match each item on the left with the most relevant purpose


Internal controls have four basic purposes in organizations. Please match each item on the left with the most relevant purpose on the right 1. Allowing department managers to spend up to $500 for work-related expenses without supervisor approval 2. Cross-training employees in a department so they can a Encouraging compliance with cover during absences or vacations management directives 3 Engraving a unique identification number on each b. Ensuring financial statement reliability fixed asset 4. Evaluating employee performance based on c. Promoting operational efficiency adherence to management policies 5 Keeping supplies in a locked store room d. Safeguarding assets 6. Requiring annual attendance at a training seminar on management policies 7 Requiring two managers to agree on the estimated useful life of a fixed asset 8 Sending letters to vendors asking them to verify the total amount owed
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