Several risks are paired with potential internal controls in the list below. Place an X in the

Several risks are paired with potential internal controls in the list below. Place an €œX€ in the appropriate column to indicate if the internal control addresses the risk with which it is paired. Be prepared to explain your responses.

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Does the control address the risk? Risk 1. Sales are lower than expected 2. Salesperson extends credit limit 3. Customer exceeds credit limit 4. Order is filled incorrectly 5. Merchandise is damaged during Control Echo checks Separation of duties Employee background checks Adequate supervision Sequentially numbered bill of lading Yes 0 shipment 6. Merchandise is shipped to the wrong Shipping via common carrier address 7. Customer is billed prematurely 8. Customer bill contains mathematical Document matching Bank reconciliation errors 9. Mailroom clerk steals cash from bank Employee bonding deposit 10. Uncollectable accounts exceed Video surveillance estimates