There are four main events of interest included in a typical production cycle REA diagram.Which of the following is not one of them?
A)Issuance of raw materials
B)Use of general and administrative expenses
C)Use of labor in production
D)Use of machinery and equipment in production

Question

Quizplus · Accepted Answer

The four main events of interest included in a typical production cycle REA diagram are the issuance of raw materials, the use of labor in production, the use of machinery and equipment in production, and the completion of finished goods. The use of general and administrative expenses is not directly related to the production cycle, although it may indirectly affect it.

There Are Four Main Events of Interest Included in a Typical