10. 9. Assume that you are assessing the internal control risk at SG. You believe that segregation of duties is critical for a lower level of internal control risk in financial reporting. With respect to the following two scenarios, please indicate if the scenario has a problem with segregation of duties. Assume that ANY lack of segregation of duties is significant. Please write -yes, if it is a problem. Then also write the name of the person lacking segregation of duties. Or, write no -not a problem. Or, write indeterminate if not enough information is given. Is there a problem If you answered "yes" in the left with segregation of column, please list the two duties - yes, no or indeterminate broad categories of internal control that are not segregated properly 11. Ms. Ka processes receipts from customers that arrive by mail. She also prepares the deposit ticket. Ms. Ka obtains the accounts payable voucher package (purchase order and delivery receipt) from Ms. Amy. She then prepares the checks for signature and mailing by Mr. Abdi. 12. Ms. Amy prepares the purchase orders. She also oversees the deliveries and obtains the delivery receipts. She matches the purchase orders with the delivery receipts. She reconciles the accounts payable ledger to the general ledger. She monitors differences in actual food costs to budgeted food costs 13. Mr. Carlos maintains the accounts payable and accounts receivable ledgers. He also reconciles the bank accounts. 14. On a quarterly basis, Mr. Abdi compares actual cash flow to budgeted cash flow and actual expenses to budgeted expenses. In addition, he performs regular risk assessment activities to consider threats to customer sales growth. 15. Mr. Carlos prepares the payroll and enters it into the general ledger. Mr. Abdi signs payroll checks and returns them to Mr. Carlos to distribute to employees