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Lecture 9 The Expenditure cycle. The primary objective of the expenditure cycle is to minimize the total cost of acquiring and maintaining inventory, supplies and services. The three basic AIS functions in the expenditure cycle are. 8211;How do we capture and process data? 8211;How do we store and organize the data for decisions? 8211;How do we provide controls to safeguard resources including data? The three basic activities performed in the expenditure cycle are. 8211;Paying for these items. How th.CONTENT
This web page af-ais.blogspot.com states the following, "The primary objective of the expenditure cycle is to minimize the total cost of acquiring and maintaining inventory, supplies and services." We saw that the webpage said " The three basic AIS functions in the expenditure cycle are." It also said " 8211;How do we capture and process data? 8211;How do we store and organize the data for decisions? 8211;How do we provide controls to safeguard resources including data? The three basic activities performed in the expenditure cycle are. 8211;Paying for these items."