Question 4 Part A You join Berry Mobile as an intern in the accounts department during the semester break. During the first month of your internship you observed the following: It is the company policy that every employee is required to use a password to access the computer system. The staff in the accounts department have been changing their password every three months and everyone's password is a secret. The secretary, Eunice handles the receipts of cheques through mail by recording all the details of cheques received in a logbook. The accounts executive Mun enters the details in the accounting software by assigning a sequentially number to the receipts. Mun will then pass the cheques to the Despatch Manager Marcus to bank- in once a week. Lawrence is in charge of payment. Sometimes cheques issued for reimbursement of staff claims are not supported by original receipts but Lawrence thinks that it is not so nice to question the colleagues so he just leaves it. He also, once a while forgets to stamp/cancel the supplier invoices before making the payment. The accountant Ms Mei and the General Manager Mr Boss are required to approve and sign every cheque issued. You learn internal control in your 'Financial Accounting 1' course and are analysing whether each of these practices complies or violates the principles of internal control. Required: Identify three principles of internal control practised in Berry Mobile and provide an example of each principle identified using the case above. State whether each of the example used complies or violates the principle of internal control identified. (6 marks)