The transaction processing system (TPS) is central to the overall function of the information system by converting economic events into financial transactions, recording financial transactions in the accounting records (journals and ledgers), and distributing essential financial information to operations personnel to support their daily operations. The TPS consists of three transaction cycles, the revenue cycle, the expenditure cycle, and the conversion cycle. Each cycle captures and processes different types of transactions. From a systems perspective, each cycle can be divided into a physical component and a financial component. Required: a.Describe the systems for the revenue cycle, the expenditure cycle, and the conversion cycle in terms of their physical and financial components, one system for the physical component and one system for the financial component. b. Describe the relationship between the revenue cycle, expenditure cycle, and conversion cycle in the context of the resource flows between them in a business operations, with a diagram illustration