Question: QUESTION 3 Total =30marks a) How is the Expenditure Cycle a 'mirror image' of the Revenue Cycle? [4 marks] b) Describe THREE sources of input

QUESTION 3 Total =30marks a) How is the

QUESTION 3 Total =30marks a) How is the Expenditure Cycle a 'mirror image' of the Revenue Cycle? [4 marks] b) Describe THREE sources of input into the HRM/Payroll Cycle. [6 marks] c) Discuss how unauthorized changes to the payroll master file affect the Revenue and Expenditure Cycles. Provide TWO controls which can be used to manage these threats. [6 marks] d) What is XBRL and how does XBRL work to improve the transmission of financial documents? [4 marks] e) State FOUR ways in which IT can be used to improve the efficiency of the second major business process of the Expenditure Cycle? [4 marks] f) ERPs and integrated AISs are designed primarily to support transaction processing needs; operational activities. Differentiate betwen OLAP and data mining as tools for strategic decision making and business intelligence. How are the two techniques similar? [6 marks]

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