The first major business activity in the expenditure cycle is

Name: The first major business activity in the expenditure cycle is
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The first major business activity in the expenditure cycle is ordering inventory, supplies, or services from vendors to ensure that the company has the necessary resources to conduct its operations. A customer sale, shipping goods to customers, and receiving goods from vendors all occur later in the expenditure cycle after the initial order has been placed.

The First Major Business Activity in the Expenditure Cycle Is