Compare and contrast the Sales Cycle used in the Accounting Information System of a small business [such as a small fast-food shop], and a global distribution and manufacturing business.

(1)Provide a brief general discussion of your two chosen businesses

(2)explain their suggested Sales Cycle [what is the series of transactions?]

(3)Identify and discuss any differences that might occur at the transaction level [what transactions are conducted in one business model that may not be conducted in the other business model] and explain why these differences might occur.

(4) Examine risk in the Sales Cycle of each of the businesses by identifying two specific business process risks and suggested application control that could be implemented to mitigate this risk.

Answer rating: 100% (QA)

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