Question 2 [12 Marks] You are the senior auditor of Nice and Nutural Las (NNL) for 30 Jone 2021. NNL is a large pharmaceutical manulacturer and dstibutor located in NSW, One of your junior auditars, Charles, is keen 10 traluete NaLs streegtis and weaknesses for some of the client control procedures. For the following insegensent situasions (i) Identidy if ts is a strength or a weakness of the centrol systems (ii) Give reason why it is a streegh or a asaivess (ili) If its a wowkenss supjest a way of incroving the contrdis to covereme the weakness. (iv) If its a strengin, what is the benett of the strength. Situation 1 Once the goods are receved in the wanthouse, the winouse dek decls the quantiy and qualty of the goods received with the delvery wote ulacted, matthes with the quantly rectived, and sight the deivery note as evidence fut te the decied. The delinery note compriass two copies. the warehouse clest retains one, and te deivey person retains the ofer copp. Situation 2 The warehouse manager approves timethees for asehouse stalt, then passes them to Kim Kardsshian in payroll: Kim presaces the pay sheet infemation, makching the hours worked given by the warehouse manager, which gets reviewed by the payroll manager, Kanye West, before payment is processed Question 2 [12 Marks] You are the senior auditor of Nice and Nutural Las (NNL) for 30 Jone 2021. NNL is a large pharmaceutical manulacturer and dstibutor located in NSW, One of your junior auditars, Charles, is keen 10 traluete NaLs streegtis and weaknesses for some of the client control procedures. For the following insegensent situasions (i) Identidy if ts is a strength or a weakness of the centrol systems (ii) Give reason why it is a streegh or a asaivess (ili) If its a wowkenss supjest a way of incroving the contrdis to covereme the weakness. (iv) If its a strengin, what is the benett of the strength. Situation 1 Once the goods are receved in the wanthouse, the winouse dek decls the quantiy and qualty of the goods received with the delvery wote ulacted, matthes with the quantly rectived, and sight the deivery note as evidence fut te the decied. The delinery note compriass two copies. the warehouse clest retains one, and te deivey person retains the ofer copp. Situation 2 The warehouse manager approves timethees for asehouse stalt, then passes them to Kim Kardsshian in payroll: Kim presaces the pay sheet infemation, makching the hours worked given by the warehouse manager, which gets reviewed by the payroll manager, Kanye West, before payment is processed