The following are partial descriptions of internal control for companies engaged in the manufacturing business: Company 1. When My Clark orders materials, he sends a duplicate purchase order to the receiving department. During the delivery of materials, Mr. Smith the receiving clerk, records the receipt of shipment on this purchase order then sends the P.O. to the accounting department, where it is usedto record materials purchased and accounts payable. The materials are transported to the storage area by forklifts. The additonal purcahsed quanitities are recorded on storage records. 2. Every day, hundreds of employees clock in using time cards at Generous Motors Corporation. The timekeepers collect these time cards once a week and deliver them to the computer department. There the data on these time cards are entered into the computer. The information entered into the computer is used in the preparation of the labour cost distribution records, the payroll journal, and the payroll cheques. The treasurer, Mrs. Webber, compares the payroll journal with the payroll cheques, signs the cheques, and returns them to Mr. Strode, the supervisor of the computer department. The payroll cheques are distributed to the employees by Mr. Strobe. Company 3.: The smallest branch of Connor Cosmetics Inc. in Medicine Hat employs Mary Cooper, the branch manager, and her sales assistant, Jane Hendrix. The branch uses a bank account in Medicine Hat to pay expenses. The account is kept in the name of Connor Cosmetics Inc.-Special Account. To pay expenses, cheques must be signed by Mary Cooper or by the treasurer of Connor Cosmetics, John Winders. Cooper receives the cancelled cheques and bank statements. She reconciles the branch account herself and files cancelled cheques and bank statements in her records. She also periodically prepares reports of disbursements and sends them to the home office. Required a. List the weaknesses in internal control for each of the above. b. For each weakness, state the type of misstatement that is (are) likely to result. Be specific. c. How would you improve internal controls for each of the 2 companies