1. Netsell sells items online only. New customers can only pay by credit or debit cards. The sales office approves a standard credit limit of $2000. The online ordering system is not programmed to check the customers available balance. No accounts receivable aging report is printed. The doubtful debt to be written off has doubled since the beginning of this financial year. Recently, Netsells online ordering server site was burnt down by a disgruntled customer. It took Netsell three months to restore their computer operations. During that time, Netsell lost over $10 million dollars in sales.

a) Name three specific internal controls that would have helped prevent the problems.

b) Name three specific internal controls related to the problems that would have acted as detective controls.

c) Name three specific internal controls related to the problems that would have acted as corrective controls.