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What is the control environment? How does thecontrol environment affect a companys internal controls? What arethe negative and positive elements of a control environment? Whatare two examples of strong and weak internal controls inorganizations where you have worked or have first-hand knowledge?How are these different? How would you describe the key internalcontrols that should be in place to protect cash in a cash richenvironment such as a merchandiser? What are the key internalcontrols that should be in place to protect inventory for amerchandiser that sells highly desirable and very expensiveinventory such as jewelry? Would this be different if the businesshad a less desirable and less expensive inventory? Explain why orwhy not.