course: accounting information system

Ebrahim is managing the procurement department at QL public joint-stock company. Ahmad understands that the expenditure cyce is the set of activities related to the acquisition of and payment for goods and services. At the company, his roles and activities include the determination of what needs to be purchased, purchasing activities, the receipt of goods, and payments to suppliers. Much of the inout to tin daily tasks comes from Adli, who is managing the sales department, where purchasing requirements are driven by the volume and type of customer orders.

Required:

a) During a coffee session, Adli mentioned to Ebrahim that the expenditure cycle is related to the revenue cycle, which Adli eaed from you. However, Ebrahim has no idea about why Adli mentioned that. As the legal advisor of QL public joint-stock company, you hae been anked to hold a meeting and brief Adli and Ebrahim with TWO (2) points on why and how the expenditure cycle is reiated to the revenue cycle for the best, continuous operations of the company.

b) During the same meeting, the company's general manager asked Ebrahim: "What threats have you been tacing in your daly tasks of the expenditure cycle?" Ebrahim was not sure and sought your help. After the meeting, you are required to list ONE (1) threats related to supplers and provide applicable ONE (1) control procedure each in the expenditure cycle to train Ebrahim to be a better manager.