Question: QUESTION 3 (24 Marks) Given the financial transactions and control environment described for CapeTown Essentials (Pty) Ltd: a) Identify the potential risks associated with the

QUESTION 3 (24 Marks) Given the financial transactions and control environment described for CapeTown Essentials (Pty) Ltd: a) Identify the potential risks associated with the challenges mentioned in the scenario. (8 Marks) b) Explain the impact of each risk on the organisation. (8 Marks) c) For each identified risk, recommend an appropriate control that the company should implement to mitigate the risk. (8 Marks)

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