Answer the following questions based on the information presented for Cloud 9 in the appendix to this text and the current and earlier chapters. You should also consider your answers to the case study questions in earlier chapters.

Required

Using the results of your controls testing in the case study in chapter 8, assess the control risk for the following assertions and write your conclusions in the worksheet below.

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Account assertion Sales occurrence Sales - completeness Trade receivables - existence Trade receivables - completeness Cash existence Cash - completeness Control risk Explanation