Noureddine BOUKEFFA, The payment transfer receipt is well received and we will confirm from the exchange office once they open and then get back to you with our official receipt as the proof of the payment and then commence with the processing.Thank you for your cooperation. MR. ABDEL-RAHMAN BANI. AL THURAYA TRAVEL & TOURISM LLC-UAEAddress: Mohd Rasool Khoory & Sons Building, Airport Road, Al Danah.Abu Dhabi, United Arab EmiratesTel: +971- 526-790664

Noureddine BOUKEFFA, The payment transfer receipt is well received and we will confirm from the exchange office once they open and then get back to you with our official receipt as the proof of the payment and then commence with the processing.Thank you for your cooperation. MR. ABDEL-RAHMAN BANI. AL THURAYA TRAVEL & TOURISM LLC-UAEAddress: Mohd Rasool Khoory & Sons Building, Airport Road, Al Danah.Abu Dhabi, United Arab EmiratesTel: +971- 526-790664

Attention: Noureddine BOUKEFFA,We hope you are doing well this morning and we are writing to know when you are planning to make the deposit so we can get it here and start the processing on time.Waiting for your feedback.Yours faithfully, MR. ABDEL-RAHMAN BANI.

Was the accepted WO and PI submitted to finance beforehand? I think there has been some oversight at your end to send to send all documents against which the payments could be made. The payments shall be made only and only once all relevant documents are forwarded from our side.

Attention: Noureddine BOUKEFFA,We hope you are doing well this morning.After our research yesterday evening and this morning, we are able to get an Exchange office here who has their stock-broker branch in Algeria and they gave us their Algeria stock-broker account details for the payment which is as follows:BANK Name: CREDIT POPULAIRE D'ALGERIEACCOUNT NAME: HOUCHI MALIKAACCOUNT NUMBER: 458017234825IBAN : DZ00400120458017234825SWIFT : CPALDZALXXXThey also instructed us that you can only make the deposit in EURO, so kindly change the currency in EURO to the amount(3,430 EURO)and make the deposit and then share the deposit receipt which we will take to the exchange office here and they will confirm the payment receipt and pay us the money here.Thank you for your cooperation and we shall be waiting for the transfer receipt.Yours faithfully, MR. ABDEL-RAHMAN BANI.AL THURAYA TRAVEL & TOURISM LLC-UAEAddress: Mohd Rasool Khoory & Sons Building, Airport Road, Al Danah.Abu Dhabi, United Arab EmiratesTel: +971- 526-790664

Q8.24 While working on the audit of Cosmopolitan Ltd, you are involved in a review of control activities in the cash disbursement area. As part of your review, you have noted the following procedures:All payments prepared by the clerk include a pre-numbered bank transfer requisition.The bank transfer requisition requires the clerk to confirm that they have performed the following procedures for each payment:checked the additions and prices on the invoiceconfirmed the details on the invoice have been matched to a delivery note by the warehousing departmentverified a valid purchase order exists for the goods.The clerk forwards the bank transfer requisition together with any supporting documentation (invoice and any other relevant correspondence) to the CFO for approval.Required:For each of the three controls identified above:(a) Describe the purpose of the control—what is the control designed to prevent or detect?(b) Identify the account(s) and assertion(s) that this control will have an effect on in the financial report.(c) Give one example of a procedure that could be used to test the control.