Question: The 7 Steps for developing a Cost Control System (i.e. Forecast, Order, Receive-Store-Issue, Produce, Sell, Record, and Analyze) occur in a specific sequence and order.

The 7 Steps for developing a Cost Control System (i.e. Forecast, Order, Receive-Store-Issue, Produce, Sell, Record, and Analyze) occur in a specific sequence and order. Discuss your understanding of this sequence and how each step contributes, in its appropriate sequence, to the overall process of developing a Cost Control System.

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