Problem 4. Baker Manufacturing allows the various accounting subsystems to ng Company has the recen t emented a new general penting system. The system enter adjusting entries and short of a one and update the general ledger, An departments are allowed to end update the general ledg cha There are specifices that e transaction and adjusting entry Information S d in order to cifcally, in the transaction entry the first letter of their first name and their last name. The user the enter the journal entries and on entry input screen, the user is required to on screen. Baker Manufacturing Company is wriving to be a paper-free company. Therefore no paper docum required to support the entries. During the recent month, the following errors and concerns were identified ) mot Ol joumal entries were no t crs prior to being entered into the sym .b) Wendor accessed the reporting system and copied the financial statements of Baker, c) the computation of the apreciation adjusting entry was wrong the formula used on the spreadsheet was missing a decimal, d) sumber of managers reviewing the reports generated by the system complained the format of state Subsystem were rend - but they agreed the amounts were accurate, and e) the journal entriesented by the TV deleted by the employee entering the payroll entries the accounts were updated but there is no record of the revenue entries REQUIRED: Identify five internal control threats apparent in a) b) c) d) and e) above and five controls to address the threats. Problem 4. Baker Manufacturing allows the various accounting subsystems to ng Company has the recen t emented a new general penting system. The system enter adjusting entries and short of a one and update the general ledger, An departments are allowed to end update the general ledg cha There are specifices that e transaction and adjusting entry Information S d in order to cifcally, in the transaction entry the first letter of their first name and their last name. The user the enter the journal entries and on entry input screen, the user is required to on screen. Baker Manufacturing Company is wriving to be a paper-free company. Therefore no paper docum required to support the entries. During the recent month, the following errors and concerns were identified ) mot Ol joumal entries were no t crs prior to being entered into the sym .b) Wendor accessed the reporting system and copied the financial statements of Baker, c) the computation of the apreciation adjusting entry was wrong the formula used on the spreadsheet was missing a decimal, d) sumber of managers reviewing the reports generated by the system complained the format of state Subsystem were rend - but they agreed the amounts were accurate, and e) the journal entriesented by the TV deleted by the employee entering the payroll entries the accounts were updated but there is no record of the revenue entries REQUIRED: Identify five internal control threats apparent in a) b) c) d) and e) above and five controls to address the threats