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Internal Control Listed below are four potential errors or problems that could occur in the processing of cash transactions, Steview each error or problem and mining the drop down rawer box located beneath each one identify an internal control principle that could reduce the chance of the error or problem occurne Select "None none of the principles will correct the error or problem 1. An employee steals cash collected from a customer's accounts receivable and hides the theft by saving a credit memorandum indicant me tantomer returned the merchandise 2. An oficial with authority to si checke is able to steal blank checks and issue them without diesection, Laddy 3. Due to a labor shortare many employees are here without suficients with the thout they caram on the Arenan atentins una for less than the actual amount and reaches tonarcashcotected from mestomer An official with authority to sign checks is able to steal blant 1 thout su Establish clear lines of authority and responsibility Segregation of duties Hire competent personnel Use control numbers on all business documents Develop plans and budgets Maintain adequate accounting records Provide physical and electronic controls Conduct internal audits None ftual amc