Which of the following is not a common transaction processing cycle found in business organizations?
A) Expenditure cycle
B) Accounting cycle
C) Production cycle
D) Revenue cycle

Question

Quizplus · Accepted Answer

The accounting cycle is not a transaction processing cycle but rather an overarching process that includes recording, classifying, summarizing, and reporting financial transactions. The expenditure, production, and revenue cycles are specific transaction processing cycles that deal with different aspects of a business's operations.

Which of the Following Is Not a Common Transaction Processing