UNUN 3 (18) You are the newly appointed bookkeeper of Pula Plumbing (Pty) Ltd. 20 marks The previous bookkeeper did not have a good accounting system in place. You learned at university about risk and control activities to mitigate the risks for the various business cycles, and you want to apply your knowledge to Pula Plumbing (Pty) Ltd. RISKS IN THE REVENUE CYCLE You start by focusing on the risks applicable to the revenue and receipt cycle. You want to identify the risks only in the receiving of customer orders function, and the invoicing and recording functions of the revenue cycle. REQUIRED Marks 3.1 Describe the risks associated with receiving customer orders in the revenue cycle. (6) 3.2 Describe the risks associated with the invoicing and recording of sales in the revenue cycle. (14) TL : 11