Part B Each of the following independent situations has one or more control activity weaknesses: A. Extreme Sports Lid is a small snowboarding club that offers specialized coaching for snowboarders who want to improve their skills. Group lessons are offered every day. Members who want a lesson pay a $25 fee directly to the instructor at the start of the lesson that day. Most members pay cash. At the end of the lesson, the instructor reports the number of students and turns over the cash to the office manager. B. Kaleesi Agency Company offers parenting advice to young single mothers. Most of the agency's revenues are from government grants. The general manager is responsible for all of the accounting work, including approving invoices for payment, preparing and posting all entries into the accounting system, and preparing bank reconciliations. C. At Neverland Corporation, each salesperson is responsible for deciding on the correct credit policies for his or her customers. For example, the salesperson decides if Neverland should sell to the customer on credit and how high the credit limit should be. Salespeople receive a commission based on their sales. Requirements: 1. Identify the control weakness(es) in each of the above situations and the problems that could occur as a result of these weaknesses. 2. Make recommendations for correcting each situation