The following control procedures are used in Keaton Company for over-the-counter cash receipts. (a) For each procedure, explain the weakness in internal control and identify the control principle that is violated. Procedure Weakness Principle Violated 1. Each store manager is responsible for interviewing applicants for cashier jobs. They are hired if they seem honest and trustworthy. Select a weakness in internal control Select a control principle that is violated 2. All over-the-counter receipts are registered by three clerks who share a cash register with a single cash drawer. Select a weakness in internal control Select a control principle that is violated 3. To minimize the risk of robbery, cash in excess of $100 is stored in an unlocked briefcase in the stock room until it is deposited in the bank. Select a weakness in internal control Select a control principle that is violated 4. At the end of each day, the total receipts are counted by the cashier on duty and reconciled to the cash register total. Select a weakness in internal control Select a control principle that is violated 5. The company accountant makes the bank deposit and then records the day’s receipts.