Principles of internal control include all of the following except: Multiple Choice Perform regular and independent reviews. Maintaining security by having one person track and record assets. Divide responsibilities for related transactions. Separate recordkeeping from custody of assets. Apply technological controls.

Principle of internal control does not include application of technological controls

Explanation:

The seven important internal control procedures include separation/segregation of duties/job responsibilities, providing access to various controls, performing physical audits, standardization of documents, trial balances, periodic reconciliations of the financial statements, and approval authority.