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Refer to the given system flowchart, and we have discussed the control weakness and the risk associated with these control weaknesses. Based on these control

Refer to the given system flowchart, and we have discussed the control weakness and the risk associated with these control weaknesses. Based on these control weaknesses and the associated risk, what types of frauds are possible in this business environment.

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b) Refer to the given system flowchart, and we have discussed the control weakness and the risk associated with these control weaknesses. Based on these control weaknesses and the associated risk, what types of frauds are possible in this business environment. [3 Marks. Word Limit: Up to 200 words] Sales Department Accounting Department Warehouse Shipping Department Customer Sales Stock Packing Sales Order Release Slip Order Stock Packing Release Slip Customer Packing Order Slip Reconcile Packing slip and AR Sub Ledger Pick Goods, Sales order, send Update goods to Carrier, Record in Shipping Approves Bill Customer Inventory, send goods to Inventory log, credit, prepare Update Sales Accounts Shipping Sub ledger Shipping documents Log AR Control Sales Order Stock Packing Sales Stock Release Slip Sales Invoice Order Release Carrier Sales Packing Slip Order Stock Release Packing Slip Billing Department Sales Add prices and Invoice taxes, Bill Sales Customer and Journal record Sale Sales Invoice Customer

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