0 DOYURL. 28 marks QUESTION 1 Precious Beauty Products (Pty) Ltd buvs inventory (cosmetic products) and then sells the products to various chain stores at a profit. PART A: FUNCTIONS AND ACTIVITIES There are various functions and activities within each function of the accounting system on various cycles. REQUIRED Marks 1.1 (15) List the seven main functions in the accounting system for credit sales and receipt transactions with a brief description of each function. 1.2 List the five functions in the accounting system for credit purchase and payment cycle with a brief description of each function. (13) QUESTION 2 30 marks Tha acauieitione and navments cvcle: The ordering of goods function