Question 1 (4 points) Listen Entity vs. Transaction Level Control Victoria Technology Park (Park) is a large organization offering space and services to a growing IT industry in Saanich, BC. Park has partnered with a local branch of a big five firm (Firm) to provide internal audit services its payroll operations, which is its largest expenditure. Park has a strong relationship with Firm and responses quickly to any internal control suggestions. Park recently implemented access controls that limit access to its payroll module, in response to an Firm suggestion. The Firm recently provided a report to Park's owner indicating that the following related controls exist: The payroll department uses new-hire forms (signed by the Human Resource Manager) to enter new employees into the payroll system. The system prevents entering duplicate social insurance numbers. The Human Resource Manager has detailed job descriptions for each position in the company and requires a high level of skill for each position, as the company is committed to finding high-quality employees. q Required: Provide two examples of a entity-level control and two examples of a transaction-level control. V Format OP B / U - ... V Entity level controls Transaction level controls