Part 2: As the internal auditor for Smart Enterprises, you have been asked to document the companys expenditure processing system. Based on your documentation, Smart Enterprises hopes to develop a plan for revising the current system to eliminate unnecessary delays in expenditure processing.

You are required to:

1. Please prepare a context diagram to document the expenditure cycle system at Smart Enterprises.

2. Please offer document flowchart to document the expenditure cycle system at Smart Enterprises.

3. Please explain the threats in the expenditure cycle

4. Following the above question, please clarify how to prevent these threats in the expenditure cycle