Tang Company has a large purchasing department and have the following procedures within their purchasing department. Purchasing officers accept verbal purchase requisitions from employees who require goods. Orders are placed with any supplier the particular purchasing officer believes would give the company the best price. Purchase orders are pre-numbered. For convenience, the purchase order book is left on a table in the purchasing office. When goods are, delivered a receiving officer double-checks the quantities against the order and records them in a goods received register. The purchasing officer who placed the order then collects the goods and delivers them to the employee who made the original request.

From the above scenario: (i) identify five (5) internal control weaknesses and outline the risk that results from each weakness; and

(li) suggest a way of improving the controls to overcome the weakness. Please label your answers correctly