The typical business activity of the finance and investment cycle would not include
A)proposals for cash forecasts, capital budgets, and business expansion.
B)analysis of excess cash funds.
C)reconciliation of cash.
D)sale of stocks, bonds, or notes.

Question

Quizplus · Accepted Answer

Reconciliation of cash is typically associated with the cash receipts and disbursements cycle, not the finance and investment cycle. The finance and investment cycle focuses on the acquisition and management of funds and investments, not the routine processing of cash transactions.

The Typical Business Activity of the Finance and Investment Cycle