EXPENDITURE CYCLE ACTIVITIES AND TECHNOLOGIES
This chapter assumes that the reader is familiar with the general procedures that constitute
the expenditure cycle and with the key accounting records and documents employed
in expenditure cycle transaction processing. Those who need to review this body of
material should turn to the appendix at this point, where it is presented in detail.
This section examines alternative information technologies used to support expenditure
cycle activities. The first of these is a purchases and cash disbursements system that