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59/Desktop/ASSIGNMENT%205.pdf edbank Authentic... Read aloud REQUIRED 44 4 of 4 WITH REFERENCE TO THE ACQUISITIONS AND PAYMENTS SECTION: 1. Identify and explain any eight (8)

59/Desktop/ASSIGNMENT%205.pdf edbank Authentic... Read aloud REQUIRED 44 4 of 4 WITH REFERENCE TO THE "ACQUISITIONS AND PAYMENTS" SECTION: 1. Identify and explain any eight (8) weaknesses in the receiving of goods process of Gold Galore Sporting Goods (Pty) Ltd. (12) a. Minimum entry b. Mandatory fields c. Alphanumeric checks 2. Explain each of the screen aids and program checks mentioned AND provide an example for each relevant to the recording of goods received function within the acquisitions and payments cycle: WITH REFERENCE TO THE "INVENTORY" SECTION: 3. Identify six (6) ways the inventory count sheet was prepared according to good internal controls. (9) (3 4. Some of the line items of the inventory balance are incorrectly included. Calculate the revised inventory balance according to the prescriptions of International Accounting Standards 2: Inventories. (8%) Communication skills C CE

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