Test results of the __________ cycle, in addition to the test results of inventory and warehousing, will affect the tests of details of balances for inventory.
A) sales and collection
B) acquisitions and payments
C) payroll and personnel
D) all of the above

Question

Quizplus · Accepted Answer

The sales and collection cycle, acquisitions and payments cycle, and payroll and personnel cycle all have impacts on inventory levels, valuation, and warehousing, thus affecting the tests of details of balances for inventory.

Test Results of the __________ Cycle, in Addition to the Test