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A set of procedures and approvals for verifying, approving and recording labities for eventual cash payment, and for issuing checks for payment only of verified,

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A set of procedures and approvals for verifying, approving and recording labities for eventual cash payment, and for issuing checks for payment only of verified, approved, and recorded liabilities is referred to as an Multiple Choice Intemal cash system Petty cash system Cash disbursement system Voucher system Cash control system

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