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Management must be able to monitor and evaluate the efficiency and effectiveness of expenditure cycle processes. The data must be accurate, reliable, and timely to
Management must be able to monitor and evaluate the efficiency and effectiveness of expenditure cycle processes. The data must be accurate, reliable, and timely to be useful for decision making. Distinguish why all three qualities of data are required. Select one of the key decisions listed in your readings that management must make with regard to the expenditure cycle. Assess what the useful data are required for arriving at the key decision
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