Case 5 - Exercise 2 Abernethy and Chapman Internal Control Evaluation Client: Prepared by: Date: Exhibit 5-2 is a portion of the audit program that Mitchell designed to test the operating efciency of controls in the revenue and cash receipts cycle. For each individual test. indicate the anticipated results if the control procedure is worldng property. Also, it the control is not functioning properly, list the potential problems that exist. Use the following format for your response: Antrcrpate: RES\" IS PGIEHU PIG! em 5 Fl e Invoices no no agree. invoice should agree with the total possibility is raised that ctitious on the sales invoice slip. In or misstated sates are being additionr evidence should be recorded. Lack of tangible present to indicate that a evidence (e.g.. initials) that the Lakeside employee has already matching procedure has been made this same comparison. carried out would indicate that the employees are not complying with the requirements of the system. lT'HHlT'H 'l'll'l'lUDUJ 1 '3 \"H . III "'