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Question 1 The following process is used by the Money Making Ltd to process cash receipts. Discuss the positive and negative elements of this process. Include operational, information, and control issues. What additions or other changes to the process do you recommend? Mail for Money Making Ltd is delivered to Sally the company receptionist. Sally opens the mail and prepares a daily log of cheques received. She sends the RAs to Albert, the accounts receivable clerk, and the cheques to Tony, the treasurer. Sally les the check log by date. Tony the treasurer prepares a deposit slip in duplicate and endorses the checks. Tony then takes the deposit slip to the bank and files the duplicate slip by date. Al uses the RAs to update the customer accounts to reect the payment. (Dull, adapted)