Which of the following is not one of the four major cycles?

Name: Which of the following is not one of the four major cycles?
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Question

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The four major cycles in accounting and auditing are Revenue and Cash Collection, Acquisition and Expenditure, Financing and Investing, and Payroll and Personnel. Cash Receipts and Disbursements is not listed as one of the four major cycles; it is a component of the Revenue and Cash Collection cycle and the Acquisition and Expenditure cycle.

Which of the Following Is Not One of the Four