There is a symmetrical interdependence between a firm's revenue cycle and its customers'

Question

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A firm's revenue cycle involves the processes and activities that generate revenue, from the sale of goods or services to the collection of payment. Customers are an integral part of the revenue cycle as they are the source of revenue. Therefore, there is a symmetrical interdependence between a firm's revenue cycle and its customers. The other options listed (production cycle, expenditure cycle, general ledger and reporting system) are not directly related to the firm's interaction with customers and do not involve a symmetrical interdependence.

There Is a Symmetrical Interdependence Between a Firm's Revenue Cycle