The chapter gives a list of possible questions that might be found in an internal control questionnaire (ICQ) for a retail cash sales process. Prepare a list of the ten most important questions that you would expect to find in an ICQ for the:

(a) credit sales process

(b) inventory acquisition process

(c) payroll process (assume that the client makes all deductions required by law in the country and state or territory in which your institution is located and also makes voluntary su perannuation deductions for employees desiring this).