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Required: 1. Describe the risks associated with the system depicted in the flowchart below. 2. Describe the physical controls needed to mitigate each risks.
Required: 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 Mentify Itens and Select Vendor Receiving Department Packing Sip Central Computer Facility Account Payable Department Warehouse Vendor Invoice Rec Reprt Prepare Receiving Accounting System report Packing Rec Reprt Slip PO Records Rec Reprt Rec Reprt PO PO Invoice CLOPE Payable Rec Reprt Reconcile documents and set up Liability Reconcile and Update Inventory LO
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