List the internal control objectives illustrated by the following:
(a)keeping the inventory storeroom locked
(b)counting the inventory at the end of the accounting period and comparing it with the inventory ledger clerk's records
(c)using subsidiary ledgers and a perpetual inventory system

Internal Control Objectives

The goals or purposes of systems and processes designed to safeguard assets, ensure accurate financial reporting, and promote operational efficiency.

Inventory Storeroom

A designated area where materials or goods are stored until they are needed for production or sales.

Subsidiary Ledgers

Detailed ledgers that contain information supporting accounts listed in the general ledger, such as customer and vendor details.