PROBLEM 1 - Internal Controls and Tests of Controls (9 marks total) You are conducting the financial report audit of Doonder-Mooflin Ltd (DML), a large office supplies company. As a part of understanding the client, you document the following four internal controls at DML, which you will need to test: Control #1: All purchase orders over $20,000 need to be signed by the purchasing manager before being submitted for processing. Control #2: IT employees involved in systems development cannot access user data and accounting employees cannot alter programming. Control #3: All data is backed up overnight to secure cloud storage. Control #4: A sales order cannot be placed by a customer online unless a valid delivery address is entered. REQUIRED: Use the above information to answer questions 1 to 2 below. Q1: For each of the four numbered internal controls, identify whether the control is an IT application control, IT general control, or manual control. (3 marks) Control #1: . Control #2: . Control #3: . Control #4: Q2: For each of the four numbered internal controls listed above, describe an appropriate test of control and outline the result you would expect from your test if the control was not operating effectively. (6 marks) (Please enter your answer in columns 2 and 3 of the template provided) 7 A B 1 !!!! III c? ! Control Test of Control Expected Result if NOT working Number #1 #2 #3 #3 #4