Question: Choose 5 and explain the risks each. 1 . Processing the sales order without checking the inventory. 2 . Invoice should be sent with or

Choose 5 and explain the risks each.
1. Processing the sales order without checking the inventory.
2. Invoice should be sent with or after the delivery.
3. No supervision or control to remove an item.
4. Verbal notifications of delivery.
5. Insufficient segregation of duties for handling the customer complaints,
processing sales returns, and access to receipts from the customers.
6. Separate systems are in used for sales and accounting.
7. No indication of periodic supervision.

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