System Management of Bell Studios: Loopholes, Risks, and Expenditure Cycle Costs

Running head: BELL STUDIO
BELL STUDIO
Name of student:
Name of university
Author’s note:

BELL STUDIO
Table of Contents
Introduction....................................................................................................................3
Discussion......................................................................................................................3
Data flow diagram of purchase and cash disbursement system.................................3
Data flow diagram of payroll system.........................................................................4
System flowchart of purchase system........................................................................5
System flowchart of cash disbursement system.........................................................6
System flowchart of payroll system...........................................................................7
Risk connected with the internal control weaknesses identified....................................8
Organizational weakness............................................................................................8
Conclusion................................................................................................................11

BELL STUDIO
Introduction
The objective of the report is to discuss system management of Bell Studios, identify
the loopholes, risks generated by them and expenditure cycle costs. In the report the data flow
diagram shows cash disbursement and purchase process. The data-flow diagram comes with
system flowcharts evaluation of the purchase system, payroll and disbursement of cash. The
report further discusses the internal weaknesses of the organization in the control system and
the various potential risks associated with the weaknesses.
Discussion
Data flow diagram of purchase and cash disbursement system

BELL STUDIO
Data flow diagram of payroll system