Nicole owns and operates The Foothill Grill, a small local breakfast shop. She's hired you as a consultant to help redesign the shop's accounting information system. Nicole has financed the restaurant's operations with a combination of her own money, investments from friends and family and bank loans. She currently employs six staff in addition to herself: two cooks, three servers and a custodian.
-Identify one risk The Foothill Grill faces in each of the following categories: financial, operational and strategic. For each risk you identify, recommend one internal control to address it; explain whether each control is primarily preventive, detective or corrective in nature.
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