What is the control environment? How does the controlenvironment affect a companys internal controls? What are thenegative and positive elements of a control environment? What aretwo examples of strong and weak internal controls in organizationswhere you have worked or have first-hand knowledge? How are thesedifferent? How would you describe the key internal controls thatshould be in place to protect cash in a cash rich environment suchas a merchandiser? What are the key internal controls that shouldbe in place to protect inventory for a merchandiser that sellshighly desirable and very expensive inventory such as jewelry?Would this be different if the business had a less desirable andless expensive inventory? Explain why or why not.