Below are descriptions of internal control problems. Match the followings with each other.

Internal Control Principles:

a. Establishment of responsibility
b. Segregation of duties
c. Physical control devices
d. Documentation procedures
e. Independent internal verification
f. Human resource controls

__________ 1. The same person opens incoming mail and records the cash receipts. select a letter.
__________2. Three people handle cash sales from the same cash register drawer. select a letter.
__________3. A clothing store is experiencing a high level of inventory shortages because people try on clothing and walk out of the store without paying for the merchandise.
__________4. The person who is authorized to sign checks approves purchase orders for payment.
__________5. Some cash payments are not recorded because checks are not prenumbered.
__________6. Cash shortages are not discovered because there are no daily cash counts by supervisors.
__________7. The treasurer of the company has not taken a vacation for over 20 years.

Respuesta :

Answer and Explanation:

The matching is as follows

1. Segregation of duties

2. Responsibility development

3. Control devices that should be displayed physically

4. Segregation of duties

5. Procedures for documentation

6. Internal vertification that to be done independently

7. Controls of human resources

By this way it should be matched