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Sports Teamwear is an online retailer of university, college, and professional sports team memorabilia, such as hats, shirts, and other sports logo products. Consumers select

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Sports Teamwear is an online retailer of university, college, and professional sports team memorabilia, such as hats, shirts, and other sports logo products. Consumers select the university, college, or professional team from a pull-down menu on the company's website. For each listed team, the website provides a product description, picture, and price for all products sold online. Customers click on the product number of the item they wish to purchase. The company has established the following internal controls for its online sales: 1. Only products shown on the website can be purchased online. Other company products not shown on the website are unavailable for online sale. 2. Before the sale is authorized, the company obtains credit card authorization codes electronically from the credit card company. 3. Online sales are rejected if the customer's shipping address does not match the credit card's billing address. 4. Before the sale is finalized, the online screen shows the product name, description, unit price, and total sales price for the online transaction. Customers must click on the Accept or Reject sales buttons to indicate approval or rejection of the online sale. Required: For each of the internal controls listed above: 1. Identify the related assertion/s. 2. Describe a potential misstatement that could occur if the control were not present. 3. Describe a test of control to test the internal control effectiveness

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