Referencing Styles : Harvard 1. With reference to the information above, identify the key factor (other than segregation of duties) that enabled the fraud to remain undetected for such a long period of time.2. Describe and explain weaknesses in the current accounts payable function (specifically dealing with the Wizard Finance corporate account) and recommend how each weakness can be addressed.It is expected that you should be able to identify five (5) weaknesses in the current accounts payable function and provide a suitab … View More 1. With reference to the information above, identify the key factor (other than segregation of duties) that enabled the fraud to remain undetected for such a long period of time. 2. Describe and explain weaknesses in the current accounts payable function (specifically dealing with the Wizard Finance corporate account) and recommend how each weakness can be addressed. It is expected that you should be able to identify five (5) weaknesses in the current accounts payable function and provide a suitable recommendation for addressing each identified weakness. Assessment Task Two requires you to read and understand a business case scenario where there are distinctly identifiable internal control weaknesses. You are required to identify these weaknesses and provide recommendations for addressing these weaknesses. Most recommendations will require approximately 50 to 100 words. Your answer should satisfy the Marking Criteria discussed below. Marks will be awarded for: 1. Understanding and discussion of the topic (30 marks). You are expected to answer each of the questions contained in the assignment. You’re answer should fully address the requirements of each question and be in your own words. Simply restating the contents of the text book, study guide or PowerPoint slides does not show individual understanding of the topic. Your answers should contain enough discussion on the question so as to clearly demonstrate your understanding of the topic area and provide sufficient detail which answers the questions to a satisfactory level. There are no minimum word limits placed on assignment questions, however it is expected that most questions will require approximately 50 to 100 words of readable, logical and verifiable information. 2. The extent and depth of research undertaken (-2 marks) Your answers should show wide reading related to the question being answered. This would extend beyond the textbook to other texts, newspaper and magazines. Specific resources from the Internet could also be used. The Harvard Referencing style is the required referencing style for this assessment. Your assignment should also include a Reference List / Bibliography identifying the extent of the research undertaken. Failure to demonstrate extended research or provide a Reference list can result in the loss of up to 2 marks. 3. Presentation: overall look, format (including page breaks between questions), written content and the inclusion of title page stating your name, student ID, Assessment identification, and due date. (-3 marks) Your assignment should have a professional presentation with appropriate use of headings and sections and appropriate use of spelling, grammar and referencing. Marks may be deducted for excessive incorrect grammar, spelling and failing to have a page break between questions. Read Less