a. Angel Plc manufactures Pharmaceutical products spread across five sites and products are stored in its nine warehouses located across North England. You are an audit Manager of Lawrence & Associates, a firm of Chartered Certified Accountants. You are reviewing the following notes in relation to the company's internal controls. Angel Plc has an internal audit (IA) department. During the year, the IA started a programme of physically verifying the company's assets and comparing the results to the non-current assets register, as this type of reconciliation had not occurred for some time. To date only 15% of assets have had their existence confirmed as IA has experienced significant staff shortages and several members of the current IA team are new to Angel Plc. During the year, Angel Plc conducted an extensive re-organization of its manufacturing process to improve efficiency. Due to the significant number of employee changes required, the human resources department (HR) has been very busy and to ease their workload during this period, the payroll department has assisted by setting up any new employees who have joined the company. In January 20X9, the HR director increased the wage rate paid to employees and he notified payroll by emailing the payroll supervisor. A new sales ledger system was introduced in May 20X8 and will continue to be run in parallel with the old system until IA has completed its checks between the two systems. New customers obtained by the sales team are required to undergo a full credit check; based on this, a credit limit is proposed by sales staff and approved by the sales director and these credit limits remain static in the sales system. Monthly perpetual inventory counts are undertaken at each of the nine warehouses, as a full year-end inventory count is too disruptive for the company. High value items are stored in a secure area in each warehouse. Access is via a four-digit code, which for convenience is the same across all sites. Due to the company's re-organization programme, some of the monthly inventory counts were not performed. Bank reconciliations are undertaken monthly by an accounts clerk and details of all reconciling items are included. Where the sum of the reconciling items is significant, the reconciliation is sent to the financial controller for review. In order to maximize cash balances, the finance director approves all purchase invoices for payment 75 days after receipt of the invoice. Required: Identify and critically evaluate EIGHT deficiencies in Angel Plc internal controls and provide a recommendation to address each of these deficiencies. Note: Prepare your answer using two columns headed Control deficiency and Control recommendation respectively