Question 1 a) StrongGym (Strong) is a new audit client of June & Associates, a local audit firm. Strong is a fitness club that offers 24 hours access to their members. Its financial statements are prepared by an unqualified accounts officer. Strong recently updated its gym equipment and purchased new ones. However, it does not have a good control over the recording of their gym equipment, including the newly purchased ones. Strong receive monthly cash membership fees from its members which is paid to a cashier. It also receives membership fees from companies which signs up membership for their employees. They are allowed credit terms of 30 days to settle their fees but the accounts officer has highlighted that some of them have not paid for 60 days. Recently, one of the gym managers found out that one of the cashiers took the cash paid by the members as the receipts issued were not sequentially numbered. Required: (i) Describe FOUR audit risks that could arise for June & Associates when it audits the financial statements of Strong Co. ( 8 marks) (ii) Describe TWO internal control recommendations to Strong Co to overcome their poor controls over cash received