Jolson company has the following internal control procedures over cash receipts. identify the internal control principle that is applicable to each procedure. (a) all over-the-counter receipts are entered in cash registers. select a principle of internal control (b) all cashiers are bonded. select a principle of internal control (c) daily cash counts are made by cashier department supervisors. select a principle of internal control (d) the duties of receiving cash, recording cash, and having custody of cash are assigned to different individuals. select a principle of internal control (e) only cashiers may operate cash registers.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.