All questions below are based on the following information {do NOT make any assumptions about other accounts or processes]: Lorenz is a 'passive' owner of Dodgy Ltd. ["Dodgy"} {i.e.1 he owns the company as an investment but is not actively involved in managing operations}. Dodgy sells 1U completely different products] each coming in only 1 size] 1 colour. The table below summarises relevant financial and operational information for fiscal year 222: mmm Sales 2,DDD,DDG loos-on individual sales Dnline sales Revenue transactions Despite selling goods only online. customers DD MDT prepay. All customers receive an invoice along with their goods {i.e.. invoice attached to package) and have 14 days to deposit their payment into Dodgy's bank accounttaccount details provided on invoice}. The 'sales order to receiving payment\" process involves onlythree [3]: staff members] all performing various tasks as needed. Staffdivide the individual tasks among themselves thus sharing roles from picking and packing to shipping goods to customers and recording related transactions {shipping recordsr updating inventory records. etc.}. The entire sales process requires relatively few process stepsr is highly standardised, and overseen by a general manager: Turnover among the three staff members is high. 122.1 6 Points What type ofcontrol during the GLEtFR cycle would provide Lorenz with the greatest comfort making the occurrence assertion with respect to sales data? Specify the 'type' in terms of the intent of the control. the frequency with which the control is to be executed, and the operations of the control. Note: the question asks about how to categorise the type ofcontrol, NOT to be explicit about what specific control you recommend._|ustify your classification. Enter your answer here Q2. 2 3 Points Lorenz recently read about the C050 framework and is now wondering if he can clearly conclude soiei'y based on the information about Dodgy provided above that an important control activity may be violated by the company. [a] Which control actiyityr if any, is likely being violated in daily operations. {bljustify your answer and {c} address mitigating factors. Enter your answer here Q23 3 Points Explain why ta icing a functional perspective of Dodgy to come up with adequate employee performance assessment measures [i.e.. KPIs that motivate high performance} would be problematic. Enter your answer here