a. Describe the weaknesses relating to purchases and payments of special orders by the Diamond Manufacturing Company.

b. Recommend control procedures that must be added to overcome weaknesses identified in part a.

c. Describe how the control procedures you recommended in part b should be modified if Diamond reengineered its expenditure cycle activities to make maximum use of current IT (e.g., EDI, EFT, bar-code scanning, and electronic forms in place of paper documents). (CPA Examination, adapted)

d. Draw a BPMN diagram that depicts Diamonds reengineered expenditure cycle.