international pizza chain, certain ingredients were sold to franchisees at a 10% discount on the cost price. - There are likely to be minimal levels of inventory on hand at year-end. - Franchisees have recently complained that they have found it difficult to achieve a gross profit percentage greater than 20% even though their cost structure, apart from the royalty payments, is very similar to that of owned outlets. - While Mr. Chosen wishes to remain the majority shareholder of Forever Yena (Pty) Ltd. He is eager to increase the outside shareholding in the company to raise the much-needed working capital. Just before finalising the audit plan, you read in a Sunday newspaper that Forever Yena (Pty) Ltd pizzas contain a substance called 'Sudan Orange'. The article quotes a medical expert who indicated that "the substance could be dangerous to a person's health if consumed in large quantities