Question & (3 mark's ) Green Grow Limited is a local landscaping company that does household and commercial landscaping . Primarily , it helps businesses select plants and manage the plants . It also has regular maintenance contracts such as watering , weeding , and mowing . In the winter , it has some contracts for managing, the indoor plants of shopping malls , and does snow clearing to help boost that low income season . Iver , the majority shareholder of Green Grow is ecstatic . He has managed to come in as the law bidder for a new type of contract . Ile bid on the construction of a track for the track and field area of a local university . A piece of land on the north end of the university is being cleared and GreenGrow will be leveling the land and placing a bed of crushed stone for the track . Joey has just the right person to be in charge . Jack has Previous experience working as an assistant on a road crew and knows how to USE the surveying equipment needed to keep the track level . This is a big contract , and will increase revenues by one third! ! Required Give three specific reasons that inherent risk for revenue for Green Grow should be ASSESSEd as " high "! Question 4 ( 10 marks ) The following are audit procedures in the sales and collection cycle . 1 . Inspect a sample of shipping documents to determine if each has a sales invoice number included on it . 2. Discuss with the sales manager whether any sales allowances have been granted after the balance sheet date that may apply to the current period