Select the correct items that match the description. 1. Segregation of duties. 2. One to whom a cheque is payable. 3. Two or more employees circumventing prescribed procedures Prevent a transaction from being recorded more than once. Cheques that have been returned by the maker's bank for lack of funds. 4. 5. 6. Physical control device. > 7. One who issues a cheque. 8. Insurance protection against misappropriation of assets. 8. 9. Insurance protection against misappropriation of assets. Document indicating the purpose of a petty cash expenditure. Bank charge for the use of its services Issued cheques that have not been paid by the bank Payee Petty cash receipt Collusion Pre-numbered documents Bank service charge Outstanding cheques Bonding employees Cash registers, garment sensors, and burglar alarms are examples Custody of an asset should be kept separate from the record-keeping for that asset NSF cheques Cash equivalents Maker 10. 11 12. Highly liquid investments