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Business, 12.03.2020 00:35 Anabel818

Your answer is partially correct. Try again. Pennington Company has the following internal control procedures over cash disbursements. Identify the internal control principle that is applicable to each procedure. (a) Company checks are prenumbered. (b) The bank statement is reconciled monthly by an internal auditor. (c) Blank checks are stored in a safe in the treasurer’s office. (d) Only the treasurer or assistant treasurer may sign checks. (e) Check-signers are not allowed to record cash disbursement transactions. Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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