Question
A well-designed AIS should provide adequate controls to ensure the proper procedures can be taken to reduce the threats in expenditure cycle. (a) Assess any
A well-designed AIS should provide adequate controls to ensure the proper procedures can be taken to reduce the threats in expenditure cycle".
(a) Assess any FIVE (5) possible threats of expenditure cycle.
(b) Recommend appropriate control procedures to be taken for each of the threats.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
a Five possible threats of the expenditure cycle are 1 Unauthorized Purchases This threat occurs when purchases are made without proper authorization ...
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Step: 2
Step: 3
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
