expenditure cycle Archives

Take an example of an organization and explain the relationship of these components with reference to Payroll System of that organization

By EzekielPosted on February 9, 2023Posted in AccountingTagged collegeessays, Eid Corporation, essayhelp, expenditure cycle, Payroll System

Assignment Question(s): (Marks 15) 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: Question 2:(03 Marks) What are the advantages of the REA data […]

Identify at least three weaknesses in Eid Corporation’s revenue cycle activities. Recommend control procedures that should be added to the system to correct the weakness.

By EzekielPosted on February 2, 2023Posted in AccountingTagged AIS model, collegeessays, essayhelp, expenditure cycle, Payroll System

Assignment Question(s): (Marks 15) Question 1: […]

Identify major threats in the expenditure cycle, and evaluate the adequacy of various control procedures for dealing with those threats.

By EzekielPosted on January 13, 2023Posted in AccountingTagged assignmenthelp, business activities, collegeessays, expenditure cycle, processing operations

Expenditure Cycle Explain the basic business activities and related information processing operations performed in the expenditure cycle. Discuss the key decisions to be made in the expenditure cycle, and identify the information needed to make those decisions. Identify major threats in the expenditure cycle, and evaluate the adequacy of various control procedures for dealing with […]