Receiving goods from vendors is part of which cycle?
A)the revenue cycle
B)the financing cycle
C)the expenditure cycle
D)the payroll cycle

Question

Quizplus · Accepted Answer

Receiving goods from vendors is part of the expenditure cycle, which involves purchasing goods or services from vendors and paying for them. This cycle includes activities such as ordering goods, receiving them, verifying invoices, and making payments to vendors.

Receiving Goods from Vendors Is Part of Which Cycle