Assignment Question(s) :(Marks.….) 1. (Write no less that 500 words) Bas

by | Oct 13, 2023 | Uncategorized

  

Assignment Question(s) :(Marks.….) 1. (Write no less that 500 words) Based on what you have learned in Chapter 12, Choose an existing business. This could be a service business, merchandising business; or a manufacturing business. Try to describe the revenue cycle in details. Then, write a case (hypothetical) in which this organization face three types of the following threats and how the organization could resolve these dilemmas: General Revenue Cycle Threats. Sales Order Threats. Shipping Threats. Billing Threats. Cash Collections Threats. 2. What is meant by concurrent audits and how it could be achieved? 3. In your own words, differentiate between COSO and COBIT in terms of their purpose and application. Why do organizations need to apply both of them not only one. (write 200 words).

  

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