In which transaction cycle would customer sales transaction information be most likely to pass between internal and external accounting information systems?
A)the revenue cycle
B)the expenditure cycle
C)the human resources / payroll cycle
D)the financing cycle

Question

Quizplus · Accepted Answer

Customer sales transaction information is primarily related to revenue generation, so it would most likely pass between internal and external accounting information systems in the revenue cycle. The revenue cycle includes processes related to sales, cash receipts, and accounts receivable.

In Which Transaction Cycle Would Customer Sales Transaction Information Be