Question: ** Please don't use hand writing and don't copy and paste *** I want new and unique answer .. Thank you ACT 402 Question 1

** Please don't use hand writing and don't copy and paste

*** I want new and unique answer .. Thank you

ACT 402

Question 1: (03 Marks)

Under the expenditure cycle ordering materials, supplies and services are the first activity. Explain the following ordering threats with suitable example with each of these.

a) Purchasing at inflated prices

b) Unreliable Suppliers

c) Kickbacks

Answer:

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