Assume you are performing an operational audit of the cycle assigned to your group in the class project (e.g., Revenue, Expenditure) and not necessarily of our exact company, but a Revenue, Expenditure cycle in general.

What suggestions or questions specific to that cycle would you be investigating?

Do not say, Id try to increase efficiency/effectiveness. Its not specific to your cycle. And do not make a suggestion that would also be made in a financial audit.

Please answer in Expenditure cycle