The following questions are listed on the internal control questionnaire for ABC Corporation: i. Are cash receipts deposited intact daily? ii. Does an employee verify and approve cash discounts taken?...

The following questions are listed on the internal control questionnaire for ABC Corporation:
i.  Are cash receipts deposited intact daily?
ii. Does an employee verify and approve cash discounts taken?


Required: For each of the above questions, identify
a. the financial statement assertion to which the control relates.