You and Ajax were assigned to collect evidence of the effectiveness of the internal control systems of the revenue cycle of a client. A 3 a new graduate, and you are a senior auditor. You and Ajax interviewed many people at the client, and now you and Ajax have to match controls to a risk (what can go wrong) and a key assertion. Ajax is having trouble matching the following controls, and you, as a good senior auditor. must help him. 1. Credit committee must review and approve applications for credit over $1,200. 2. Sales order sent to shipping manager must blind costs of inventories. 3. Items rejected by customers should be notified to accounts receivables clerk and sales officer. (i) Identify a risk (what can go wrong) that each control helps address. (ii) Identify a key assertion and its relevant account that each control helps achieve. (6 marks)