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Create an audit strategy for a business of your preference to assess the internal control system implemented by management in the Revenue and Expense Cycles.

Create an audit strategy for a business of your preference to assess the internal control system implemented by management in the Revenue and Expense Cycles. Emphasize the utilization of data analytics tools like CAATTs, GAAS, and ACL software. Examine three potential risks linked to the revenue and expense cycles, with a specific focus on online sales and payments.

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