Initial Entry Post (IEP) explain "Authorization," "Record Keeping," and "Custody", assignment help

1. For your Initial Entry Post (IEP) explain "Authorization," "Record Keeping," and "Custody" as they apply to internal controls . Support this idea with a reference from your text book!2) For your Response Posts (RP's) post a fictitious example of a poorly developed and implemented internal control for cash disbursement on your classmates thread. Ask them to identify the "problem area."