Which of the following is not an activity performed in the expenditure cycle?

A) ordering
B) receiving
C) cash disbursement
D) shipping

Answer: D

Business

You might also like to view...

What does a favorable direct materials cost variance indicate?

A) The actual quantity of direct materials used was less than the standard quantity. B) The actual cost of direct materials purchased was less than the standard cost of direct materials purchased. C) The actual cost of direct materials purchased was greater than the standard cost of direct materials purchased. D) The actual quantity of direct materials used was greater than the standard quantity.

Business

Which of the following statements is incorrect regarding comparison?

a. Comparison first occurs as researchers identify categories. b. Comparison processes can be used to understand the differences and similarities between two constructs of interest. c. Comparisons cannot be made between different kinds of informants. d. Comparisons take place during the data reduction step of qualitative data analysis. e. Comparison can involve the use of a control group.

Business