Question

1 1.0 points Exercise 4-4 Determine control activity violations (LO4-2) Below are several scenarios related to control activities of a company. Required: For each scenario, determine which control activity is violated. Control activities include separation of duties, physical controls, proper authorization, employee management, reconciliations, and performance reviews. If no control activity is violated, select "none." Scenarios Control Activities A manufacturing company compares total sales in the current year to those in the previous r but does not compare the cost of uction 2 So that employees can have easy access to office supplies, a company keeps supplies in unlocked cabinets in multiple locations. At the end of each day, a single employee collects all cash received from customers, records the total, and makes the deposit at the bank. At the end of the year only, the company compares its cash records to the bank's records of cash deposited and withdrawn during the year 5A company encourages employees to call an anonymous hotline if they believe other employees are c internal control features 6. All employees have the authority to refund a customer's money

Answer 1

Scenario
1	Performance reviews
2	Physical controls
3	Separation of duties
4	Reconciliations
5	None
6	Proper authorization