Weaknesses in consports expenditure cycle

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Reference no: EM13131023

a. Identify weaknesses in Consports expenditure cycle, explain the resulting problem, and suggest a control procedure that would best prevent or detect and correct each weakness. Use the labels next to each step to reference your answer.

b. Describe how information technology can be used to improve the efficiency of ConSports accounts payable and cash disbursements processes. For each process you change, also explain how to use technology to provide strong internal controls.

Reference no: EM13131023

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