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REQUIRED: ( You need to refer to the above scenario in your answers ) 1 . Identify and discuss the application controls that are in
REQUIRED: You need to refer to the above scenario in your answers
Identify and discuss the application controls that are in the MU purchases cycle.
In presenting your answer, you are required to allocate the controls you identify under one of the following headings:
Input controls
Processing controls
Output controls
Access control marks
Recommend possible uses of blockchain technology to improve purchase cycle controls at MU including possible benefitsrisks linked to its use. marks
Recommend how MU can utilise big data analytics and data visualisation, including examples of visualisation, to improve their purchase cycle. marks
Discuss new skills that are required to succeed in a finance function of MU due to the use of automation. marks
Recommend actions MU can implement to ensure a corporate digital responsibility strategy. marks
The financial controller believes that due to the changing commodity prices used in the purchase cycle, it would be advantageous for MU to implement an extranet to allow for the realtime updating of prices.
Please discuss the following about her proposal:
Is an extranet the only network architecture that can be implemented to achieve the realtime updating of prices? marks
What cyber security threats are there from implementing an extranet? marks
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