Question 3 (6 marks) Payroll System Complete the following by stating ONE control activity needs to be carried out for each of th key control: Physical Controls Transaction authorization Segregation 2. of Duties Control activities Supervision 13. Note: there could be other control activities relating to the 3 physical controls that are equally valid. Question 4 (4 marks) Fixed Asset System Complete the table for a good Fixed Asset System Reason its importanc Area Authorization formal and explicit 4A 4B distribution of assets