Problem 1 (6 points) Listed below are several control procedures used by the Shaftsburg Inn. 1. A safe is purchased for securing cash 2. Separation of accounting and cash activities 3. Division of duties in restaurant between waitstaff and buspersons 4. Two signatures required on checks written for $100 or more 5. Standard operating procedures manual for front desk positions 6. Internal auditors prepare the bank reconciliation Required: Indicate the objective of internal control that each procedure most likely is directed toward. HOMEWORK HINT: The four AICPA objectives of internal control are listed in the Definition and Objectives of Internal Control section on page 590 of the textbook