1. When analyzing financial statements, besides reviewing data year over year for comparisons, the analyst should also compare the data to_________________________________________

2. Give an example of separation of duties in the accounting department of a small business _________________________________________________________________________________________________________________

3. Explain the meaning of rationalization with respect to internal control and the Fraud Triangle ________________________________________________________________________________________________________________
4. How can a business owner with very few employees implement internal controls?
   1. Due to small number of employees it is not feasible.
   2. Rotate job duties among employees.
   3. Hire a CPA to monitor transactions weekly.