John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts receivable based on sales orders and remittance advices.His responsibilities are part of the company's
A)revenue cycle.
B)expenditure cycle.
C)financing cycle.
D)production cycle.

Question

Quizplus · Accepted Answer

John Pablo's job of updating accounts receivable based on sales orders and remittance advices is a part of the revenue cycle. The revenue cycle includes all the activities related to sales and cash receipts, and updating accounts receivable is an important component of this cycle. Therefore, the best choice in this case would be option A.

John Pablo Works in the Accounting Department of a Multinational