Figure 1 presents different business activities involved in the revenue cycle of ABC company. (a) Describe at least three (03) weaknesses depicted Figure 1. (b) Discuss the risks associated with the weaknesses in identified in (a). (c) Suggest the control activities for these weaknesses.

Employee Sales Clerk Activity Performed (sequential, left-to-right across all rows) Receive Prepare Customer Sales Sole > Credit Order Order Limit Crede Memo Warehouse Clark Pick & Pock Order Yes Shipping Clerk Ship to Customer Credit Manager Approved Dery Crede Accountant Prepare & Mail to Customer Update Account Receivable Update Account Receivable Deposit Rentonces in Bank | Cash Collections Clark Rece Romance from Customer Stomp "for Depost Only Monthly Receive Reconcile Bank Siement