Hector Sanchez works in the accounting department of a multinational manufacturing company.His job includes updating accounts payable based on purchase orders and checks.His responsibilities are part of the company's
A) revenue cycle.
B) expenditure cycle.
C) financing cycle.
D) production cycle.

Question

Quizplus · Accepted Answer

Hector's job involves updating accounts payable, which is a part of the expenditure cycle. The expenditure cycle involves activities related to purchasing and paying for goods and services.

Hector Sanchez Works in the Accounting Department of a Multinational