Page 5 - PowerPoint Presentation
P. 5
THE ACQUISITIONS AND PAYMENTS CYCLE
RISKS WITHIN THE CYCLE
• The primary objective of managing risks is to
ensure that what is cycle activities are valid,
accurate and complete.
• Develop a skill of applying your mind to facts/
scenarios and always ask yourself “what
could go wrong…”
• When analysing questions, develop the skill of
splitting info into different functional areas.
• Will assist in scoring marks
5
