The ________ is not a transaction cycle.
A)general ledger and reporting cycle
B)expenditure cycle
C)revenue cycle
D)human resources cycle

Question

Quizplus · Accepted Answer

The general ledger and reporting cycle is not a transaction cycle; it is a component of the accounting information system that consolidates data from the transaction cycles (such as the expenditure, revenue, and human resources cycles) for financial reporting.

The ________ Is Not a Transaction Cycle