Solution-Explain one risk in the revenue and collection

Explain one risk in the revenue and collection cycle

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Reference no: EM133204890

1. Give and explain one risk in the revenue and collection cycle. (fraud and erros that could occur in that cycle)

2. One control that could be implemented to avoid the risk which was stated in number 1.

3. Provide one audit procedure for number 1.

4. Give and explain one risk in the expenditure and disbursement cycle which focuses on the purchases, inventory and payroll(fraud and erros that could occur in that cycle)

5. One control that could be implemented to avoid the risk which was stated in number 4.

6. Provide one audit procedure for number 4.

7. Give and explain one risk in the expenditure and disbursement cycle which focuses on the inventory and payroll(fraud and erros that could occur in that cycle)

8. One control that could be implemented to avoid the risk which was stated in number 7.

9. Provide one audit procedure for number 7.

Reference no: EM133204890

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Explain one risk in the revenue and collection cycle

Reference no: EM133204890

Reference no: EM133204890

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