The transaction processing system includes all of the following cycles except
A)the revenue cycle
B)the administrative cycle
C)the expenditure cycle
D)the conversion cycle

Question

Quizplus · Accepted Answer

The transaction processing system includes the revenue cycle, expenditure cycle, and conversion cycle, but does not include the administrative cycle. The administrative cycle is focused on non-financial activities such as human resource management and internal controls.

The Transaction Processing System Includes All of the Following Cycles