Identify five possible inherent and control risk associated with the revenue and collection cycle, the appropriate control measure (preventive, detective or corrective) and the applicable test of control. See example below. Risk Control Measure Test of Control Approval of customer credit without assessment of customer's ability to pay Review process of customer credit approval must be separate from the sales process - Segregate duties To test this control, the auditor may check approval documents prepared, reviewed and signed by employees not performing sales function