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In Which Cycle Does Duality Represent a Transformation of One

Question 24

Multiple Choice

In which cycle does duality represent a transformation of one or more resources into another resource, as opposed to a transfer of one or more resources for another resource?


A) Duality represents transformation in the conversion cycle.
B) None; duality always represents transfers rather than transformations.
C) Duality represents transformation in the acquisition, revenue, and payroll cycles.
D) Duality represents transformation in the conversion and payroll cycles.
E) Duality represents transformation in the acquisition, payroll, and financing cycles because payroll and financing are simply special cases of the acquisition cycle.

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