In which transaction cycle would information for paying employees 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

The human resources/payroll cycle involves the processing of employee information and payment, including wage and salary data. This cycle would involve passing information between internal and external accounting systems to ensure accurate payment and tax reporting.

In Which Transaction Cycle Would Information for Paying Employees Be