133. Distinguish preventive controls from detective controls and give examples of each as they relate to cash. 134. List the objectives of internal control and give an example of how each is...

133. Distinguish preventive controls from detective controls and give examples of each as they relate to cash.

134. List the objectives of internal control and give an example of how each is implemented.

Internal control provides reasonable assurance that

Examples are

135. The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Present entries to record the transactions for each of the two days of cash receipts from sales.

(b)