1. Describe the risks associated with the system depicted in the flowchart below.
2. Describe the physical controls needed to mitigate each risks.

Purchases Department Receiving Department Central Computer Facility Account Payable Department Warehouse Packing Slip Vendor Invoice Rec Reprt Identify Items and Select Vendor Prepare Receiving report Accaunting System 10-10 Packing SO Reconcile documents and set up Liability Reconcile and Upolate Inventory Rec Reprt encory Records Rec Reprt Rec Reprt Invoice MELOUNT Parvable PO Rec Reprt Vendor