True/False Indicate whether the statement is true or false. 1. The Sarbanes-Oxley Act of 2002 was passed by Congress due to the public outcry after the financial scandal of the early 2000s. 2. The Sarbanes-Oxley Act requires that financial statements of all public companies report on management's conclusions about the effectiveness of the company's internal control procedures. 3. The control environment in an internal control structure is the attitude and awareness of internal control by all employees. 4. Internal control is enhanced by separating the control of a transaction from the record-keeping function. 5. For strong internal control system over cash, it is important to have the duties related to cash receipts and cash payments divided among different employees. 6. A voucher is a written authorization to make a cash payment. 7. The bank often informs the company of bank service charges by including a credit memo with the monthly bank statement. 8. In preparing a bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement 9. In preparing a bank reconciliation, the amount of outstanding checks is added to the balance per bank statement