Evaluate control risk based on this, $\text{'}$ There is a significant amount of cash on hand to pay cash delivery for materials, because in some manufacturing regions cash is preferred. $$ Crest Outfitters is hoping to increase sales made through wholesalers. At this point there is no specific process in place to approve wholesale customers. $$ Crest Outfitters$$ main competitors include Think Tank, Crumpler, Manfrotto and Lowe. $9$ Crest Outfitters doesn$$t have any physical stores. Instead it sells through its own website and other online outlets such as Amazon, and makes sales wholesale to retailers $($who have physical and$/$or online outlets$).$ Crest Outfitters uses Xero as its base accounting system. Xero on its own is not sufficient to manage the business. The company also uses third$-$party apps that connect to Xero for managing its: o e$-$commerce storefront o wholesale storefront o payments processing $($for sales$)$ o inventory$/$warehouse management o bill and expense payments o payroll and human resources o reporting and analytics dashboards. $$ The accounting team consists of Ben $($the CFO$),$ Camille $($Accounts Receivable$)$ and Mike $($Accounts Payable and Payroll$).$ All three staff on the accounting team have completed university degrees in accounting and have their professional qualifications. $$ Security profiles are in place to ensure that staff only access the apps and systems that they need for their roles. $$ Crest Outfitters has a policies and procedures manual which has not been updated for five years.