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. Evaluate the design effectiveness of the Companys MRC over the allowance for doubtful accounts described above by answering questions [a] through [f]. [a] Does the control, as currently designed, address the controls objective and address the related risk of material misstatement? Please briefly explain your answer.[b] Is the control, as currently designed, sufficiently precise? Factors to consider include the appropriateness of expectations, level of aggregation, and criteria for identifying and investigating potential material misstatements. Yes No Please briefly explain your answer. [c] Does the control, as currently designed, include steps involved in identifying, investigating, and resolving deviations? Yes No Please briefly explain your answer. [d] Is the control, as currently designed, performed by individuals with sufficient competence and authority? Yes No Please briefly explain your answer. [e] Is the control, as currently designed, performed frequently enough to prevent or detect material misstatements? Yes No Please briefly explain your answer. [f] Does the control, as currently designed, ensure the completeness and accuracy of information included in the report? Yes No Please briefly explain your answer.