Page 3 - PowerPoint Presentation
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THE ACQUISITIONS AND PAYMENTS CYCLE
OBJECTIVE OF THE TOPIC
• Chapter seeks to assist students in understanding
how revenue and receipts function.
• Systems vary considerably and therefore students
must apply their minds to different systems.
• Particular attention need to be given to
computerised systems.
• Computers do not change what is required of the
system, but how tasks are carried out.
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