The internal control procedures in Dayton Company result in the following provisions.

Identify the principles of internal control that are being followed in each case.

(a)		Employees who have physical custody of assets do not have access to the accounting records.		Select the principle of internal control                                                           Physical controlsIndependent internal verificationHuman resource controlsSegregation of dutiesDocumentation proceduresEstablishment of responsibility
(b)		Each month, the assets on hand are compared to the accounting records by an internal auditor.		Select the principle of internal control                                                           Documentation proceduresHuman resource controlsIndependent internal verificationEstablishment of responsibilityPhysical controlsSegregation of duties
(c)		A prenumbered shipping document is prepared for each shipment of goods to customers.		Select the principle of internal control                                                           Human resource controlsPhysical controlsEstablishment of responsibilitySegregation of dutiesIndependent internal verificationDocumentation procedures

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a Employees who have physical custody of assets do not have access to ... View the full answer