Question
Identify/describe the sequence of activities involved in the revenue cycle for each of the following companies and explain how they differ from the typical B2B
Identify/describe the sequence of activities involved in the revenue cycle for each of the following companies and explain how they differ from the typical B2B revenue cycle we covered in the textbook. The companies are Whole Foods (retail grocery industry) and Verizon (telecommunications industry).
Deliverable: Select one of the companies (industries) from above and for each sequence of their revenue cycle activities (business processes), generate a list of threats and controls to mitigate those threats.
Example 1. In the revenue cycle we covered in the textbook, in the ordering activity, there was a risk of allowing customers to buy when they had poor credit or a large past due A/R balance. The control was to have a policy that a credit check must be performed by someone other than the salesperson.
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