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On a regular basis, Gavin, the Companys CFO, reviews the allowance for doubtful accounts for reasonableness. The aged AR trial balance and the allowance for

On a regular basis, Gavin, the Companys CFO, reviews the allowance for doubtful accounts for reasonableness. The aged AR trial balance and the allowance for doubtful accounts schedule are prepared by Tyler, the accounts receivable clerk. The CFO obtains, reviews, and approves these documents. REQUIRED PART A [1] Based on the management review control (MRC) description provided above, what is (a) the controls purpose, (b) the risk(s) of material misstatement addressed by the control, and (c) the significant account(s) related to the control. [a] Controls purpose: [b] Risk(s) of material misstatement addressed by the control:[c] Significant account(s) related to the control:

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