Question: Question 4 (11 marks) The given system flowchart elaborates on the business activities of the revenue cycle of GHI Limited (GHI). Read this system flowchart
Question 4 (11 marks) The given system flowchart elaborates on the business activities of the revenue cycle of GHI Limited (GHI). Read this system flowchart carefully and answer the questions given at the end of this flowchart. Required: In the revenue cycle of GHI Limited: a) Identify the possible control weakness [4 Marks] Word Limit: 150 words ANSWER a): b) Identify the risk associated with these control weaknesses [4 Marks] Word Limit: 150 words ANSWER b): c) What types of frauds are possible in this business environment [3 Marks] Word Limit: 100 words ANSWER c): Question 4 (11 marks) The given system flowchart elaborates on the business activities of the revenue cycle of GHI Limited (GHI). Read this system flowchart carefully and answer the questions given at the end of this flowchart. Required: In the revenue cycle of GHI Limited: a) Identify the possible control weakness [4 Marks] Word Limit: 150 words ANSWER a): b) Identify the risk associated with these control weaknesses [4 Marks] Word Limit: 150 words ANSWER b): c) What types of frauds are possible in this business environment [3 Marks] Word Limit: 100 words ANSWER c)
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