Which of the following processes are not included in the revenue cycle?
A)Sending payments to suppliers.
B)Obtaining credit approval.
C)Preparing and sending monthly statements to customers.
D)Shipping products to customers.

Question

Quizplus · Accepted Answer

Sending payments to suppliers is a part of the expenditure cycle, not the revenue cycle. The revenue cycle includes activities such as obtaining credit approval, preparing and sending statements to customers, and shipping products to customers, all of which contribute to generating revenue for the business.

Which of the Following Processes Are Not Included in the Revenue