Cash Inventory, finished goods Inventory, work-in-progress Inventory, unassembled components Inventory, spare parts Property, plant, and equipment Deferred development costs Goodwill Accounts payable Warranty provision Bank loan, long term Share capital, common shares Retained earnings Revenue Cost of goods sold General and administration expense Required: a. Evaluate the inherent risk for each of the above accounts. List two accounts that you think would have the highest inherent risks, and two that would have the lowest. Indicate whether there are any particular assertions (i.e., existence, completeness, ownership, valuation, presentation) that the risks mainly relate to. Give reasons that support your assessments, and state any assumptions you need to make. b. For one of the high-risk accounts you identified in (a), explain how the inherent risk level will relate to the types of controls that Darter's management implements for each of these accounts. Consider costs and benefits of implementing effective controls. c. For one of the high-risk accounts you identified in (a), describe the procedures you would use to assess the control risk