Test of Controls Memo (R—2) Ms. Crawford has assigned internal control audit work for you to complete. The first step is todocument an understanding of the internal control system. - Complete the brief E e Vi Intern C ntrol 5 "mm ires. for:o Distributorship Sales Process;0 Inventory Process and0 Cash Receipts- Once you have completed the questionnaires, write a summary memo of any specificinternal control features that have been built into the system. Indicate any specificcontrol weaknesses that appear to exist in the system, whether mentioned in the packet or not. Provide a conclusion on your assessment of the design of the controls for thisprocess. Label your memo R — 2 to match the indexing in the Eagle Vlew document. Resources Note the various controls listed in the lst column of each form. Not all control activities areapplicable to Eagle Vlew Company. These forms are just a guide. . ASB — CX 5.7 Control Activities Form for Cash (Library Resources) . ASB — CX 5.8 Control Activities Form for Accounts Receivable and Sales (LibraryResources) - ASB — CX 5.9 Control Activities Form for Inventory and COGS (Library Resources)