CheckPoint: Internal Control and Bank ReconciliationsResources: Fundamental Accounting Principles pp. 335 and 336Complete Quick Study Exercise 8-1 pp. 335 and Exercise 8-5 and 8-6 on p. 336. Post your answers as an attachment.Quick Study Exercise 8-1 Exercise 8-5 Exercise 8-6 Individual: Internal Control and Bank ReconciliationsResources: Fundamental Accounting Principles pp. 341-343.Complete
Problems 8-1B 8-3B and 8-4B (including the Analysis Component) on pp.
341 342 and 343. When responding to the cases in 8-1B think
critically about each case. Identify the principles of internal control
that has been violated and provide an explanation of why you think that
principle has been violated. Identify the consequences of the actions
described in the cases. Make a recommendation for what the business
should do to ensure adherence to principles of internal control.Use the spreadsheet in Course Materials named Chapter 8-4B. Post your answers as an attachment.Problems 8-1B Problems 8-3B Problems 8-4B