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Describe the key steps in the Expenditure cycle. What are the key documents used in each step of the Expenditure cycle and how is each document used? For example, who creates the document? How is the document used? Where is the document sent? Name one important control procedure in the Expenditure cycle and describe why this procedure is important. For example what error or irregularity does the control procedure prevent and how does it work?

Operation Management, Management Studies

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