Which of the following is least likely to be part of the relevant environment of the GL/BR process?
A)the order entry/sales process
B)the billing/accounts receivable/cash receipts process
C)the purchasing/accounts payable/cash disbursements process
D)the inventory process

Question

Quizplus · Accepted Answer

The inventory process is not typically part of the GL/BR (general ledger and balance sheet reporting) process, as it is separate from the financial reporting cycle. The other processes listed (order entry/sales, billing/accounts receivable/cash receipts, and purchasing/accounts payable/cash disbursements) all have an impact on the GL/BR process and are therefore part of the relevant environment.

Which of the Following Is Least Likely to Be Part