The transaction cycle that does not interface directly with cash is the:
A) revenue cycle.
B) expenditure cycle.
C) production cycle.
D) financing cycle.
E) investing cycle.

Question

Quizplus · Accepted Answer

The production cycle focuses on the processes involved in producing goods and services, such as acquiring raw materials, manufacturing, and quality control. It does not directly involve cash transactions, unlike the revenue, expenditure, financing, and investing cycles, which all involve cash inflows or outflows directly.

The Transaction Cycle That Does Not Interface Directly with Cash