Which of the following is part of the financial process because it is an event that does not fall within the revenue, purchasing, or inventory processes?
A) Cost accounting
B) Payment of stock dividends
C) Accounts receivable
D) Cash receipts

Question

Quizplus · Accepted Answer

Payment of stock dividends is part of the financial process because it involves the distribution of profits to shareholders, which is a financial transaction. The other options - cost accounting, accounts receivable, and cash receipts - are all part of the revenue, purchasing, or inventory processes.

Which of the Following Is Part of the Financial Process