Updating accounts receivable is part of which transaction cycle?

Author Question: Updating accounts receivable is part of which transaction cycle? (Read 97 times)

Destiiny22

Hero Member
Posts: 557

on: Apr 8, 2019

Updating accounts receivable is part of which transaction cycle?
◦ Human resources/payroll.
◦ Expenditure.
◦ Financing.
◦ Revenue.

Accounting Information Systems ¦ Romney, Steinbart ¦ 14^th Edition

Buy Test-Bank

bhavsar

Sr. Member
Posts: 351

Reply #1 on: Apr 8, 2019

Revenue.

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.