What was the role of the Court of Exchequer during Queen Elizabeth I's reign?

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What was the role of the Court of Exchequer during Queen Elizabeth I's reign?

During Queen Elizabeth I's reign, the Court of Exchequer played a crucial role in managing the financial affairs of the kingdom. It was responsible for collecting and auditing royal revenues, including taxes and customs duties. The court also oversaw the payment of debts owed to the crown and managed the royal treasury. Additionally, it played a role in enforcing financial regulations and resolving disputes related to revenue matters.