Which of the following processes are included in the revenue cycle?
A) Shipping products to customers.
B) Sending disbursements to suppliers.
C) Issuance of capital stock.
D) Preparation of a time card.

Question

Quizplus · Accepted Answer

Shipping products to customers is a process included in the revenue cycle as it is directly related to the sale of goods or services to customers, which generates revenue for the company.

B) Sending disbursements to suppliers is part of the expenditure cycle, as it is related to paying for the goods or services received.

C) Issuance of capital stock is part of the financing cycle, as it is related to obtaining funds for the company.

D) Preparation of a time card is part of the payroll cycle, as it is related to calculating employee wages and benefits.

Which of the Following Processes Are Included in the Revenue