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Purchasing and ExpendituresGeneral When identifying the positions performing a task, both the primary and backup positions should be included. Use the official job title and include the position control
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Purchasing refers to obtaining goods or services in exchange for money, while expenditures refer to the money spent on these purchases.
Entities or organizations that make purchases or spend money on goods and services are required to file purchasing and expenditures.
Purchasing and expenditures can be filled out by documenting all purchases made and money spent on goods and services in a designated form or system.
The purpose of purchasing and expenditures is to track and record the money spent on goods and services to ensure transparency and accountability.
Information such as the date of purchase, description of goods or services, amount spent, and vendor details must be reported on purchasing and expenditures.
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