System Flow Chart of Expenditure and Conversion Cycle

CASE STUDY-
PARADISE
INDUSTRIES

Table of Contents
INTRODUCTION...........................................................................................................................3
1. System flow chart of expenditure cycle...................................................................................4
1.1 Analysis of physical internal control weaknesses in the expenditure cycle......................5
2. System flow chart of conversion cycle....................................................................................9
2.2 Analysis of the risks exist in the conversion cycle and the changes needed to reduce the
risks........................................................................................................................................10
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
This action report is based on two working ideas; an expense cycle and a money exchange cycle.
The cycle flow chart will show the use of how and when to set up a purchase request and how
many duplicates must be sent to initiate a purchase request and will also talk about managing the
status of the work in progress. Discussion on the deficiency of the conventional construction
process model was discussed and a viable proposal is also proposed. The other consideration is a
cycle that changes money; he talked about the time and risks associated with the transformation
of finished products into money and also clarified the entire cycle method.

1. System flow chart of expenditure cycle
Expenditure cycle: It is the configuration of the exercises defined by the consolidation and
application for results and campaigns. These exercises include determining what to buy, buying
exercises, obtaining results and allocations to suppliers. It is an important part of expanding the