Munro Limited is a small company with two divisions. One division trades in specialized equipment for walkers and mountaineers, and the other sells artists’

materials. The company has acquired rights of access to a rocky area near a major city, where it runs weekend schools for climbers and groups of artists. The school is staffed by one full time member of the company’s staff and a number of university students and local artists on a part time basis. The company sells equipment and materials on both cash and credit terms and also rents equipment to student climbers on a daily basis and to experienced climbers for longer periods of time. People attending the schools pay a fee on the spot as the weather does not always allow schools to take place. The company receives a grant from the local authority for running the weekend schools.

State basic controls you would like to see to ensure that fees received for weekend schools are completely and accurately recorded and tests of details you would perform to satisfy yourself that this is so.