Question: Please discuss,with respect to the acquisition / payment process, its role and purpose. Focus on two main areas: 1) What are the unique aspects we

Please discuss,with respect to the acquisition / payment process, its role and purpose. Focus on two main areas:

1) What are the unique aspects we must understand to ensure that any AIS and related operational procedures work well and are effective/efficient.

2) How do we balance smooth operation, highly transparent reporting for financial statement reporting & managerial analysis, and good internal control.

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3. How much information do we need to collect?

2. What types of information are we collecting?

5. How quickly can we manage to collect the information?