Question: PRINCIPLES OF INTERNAL CONTROL Internal control principle: select select select select select Application example: All cashiers are bonded Check signers are not allowed to record

PRINCIPLES OF INTERNAL CONTROL
Internal control principle:
select
select
select
select
select
Application example:
All cashiers are bonded
Check signers are not allowed to record cash disbursement transactions
Blank checks are stored in a safe in the treasurer's office
Daily cash counts are made by department supervisors
Only the treasurer can sign checks
Company checks are prenumbered
PRINCIPLES OF INTERNAL CONTROL Internal control principle: select select select select

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