In which transaction cycle would information for paying dividends be most likely to pass between internal and external accounting information systems?
A)the revenue cycle
B)the expenditure cycle
C)the human resources / payroll cycle
D)the financing cycle

Question

Quizplus · Accepted Answer

Dividends are payments made to shareholders, which falls under the financing cycle of a company. Therefore, information related to paying dividends is most likely to pass between internal and external accounting information systems in the financing cycle.

In Which Transaction Cycle Would Information for Paying Dividends Be