1. Name a specific risk to theAUTHORIZATIONProcess.
2. Which assertion (s) is at risk for this part or process within this cycle? Justify your answer by explaining why this assertion is at risk and what financial statement account(s) is at risk.
3. Describe a specific control to mitigate the exact risk identified. Be sure to include who would be performing the control, when the control is performed, the documents examined (if applicable) and purpose of the control.
4. Is that control preventative or detective?
5. Describe in detail the procedure auditors would perform to test the control you described above in #3. Include the relevant documents if applicable.

Note:You may not use segregation of duties as your example of a risk to your assigned process