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Match the principle of internal control to each of the following cases.
a) Establishment of responsibility
b) Segregation of duties
c) Accountability for assets
d) Documentation procedures
e) Physical controls
1. Employees' time is tracked using a time clock.
2. Employees who receive shipments of goods do not have access to the accounting records for merchandise.
3. Shipping documents are prenumbered.
4. The bookkeeper does not have physical custody of assets.
5. Only the treasurer of the company can sign checks.
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The strain or conflict arising in society from the contrasting economic interests and aspirations among individuals of diverse social classes.
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