3. CCLtd's branch in regional Victoria employs around 200 staff Mary Cooper is a highly competent employee of CCLtd. She has been responsible for accounting-related matters for two decades. Her devotion to the regional branch office has been exceptional, and over the years she has been given increased responsibility To pay the branch's expenses, Mary authorises the payments of invoices and signs the cheques. Cheques can also be signed by the financial controller of CCLtd. Generally, Mary receives the cancelled cheques and bank statements. She reconciles the branch account herself, files cancelled cheques and bank statements in her records. Every 6 months, Mary makes cash payment reports and sends them to the head office Occasionally, Mary approves the credit-limit for customers, records cash receipts in cash receipts journal and then records the entries in the computer system. Required Are there any deficiencies in the internal controls at CCLtd? If yes, how would you address those? Can information technologies enhance internal controls at CCLtd? Explain. (10 marks)