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Question 1 a) Evaluate the importance of credit approval procedures in the revenue cycles. [10 marks] b) In the context of 'Revenue Cycle', explain briefly 

Question 1 a) Evaluate the importance of credit approval procedures in the revenue cycles. [10 marks] b) In the context of 'Revenue Cycle', explain briefly the following terms with relevant examples: i. Independent Verification (7.5 marks) ii. Segregation of duties(7.5 marks)

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