Question
Classify each of the following tasks as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle a. Selling bonds to raise capital- b.
Classify each of the following tasks as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle
a. Selling bonds to raise capital-
b. Purchasing electronic components to manufacture DVD players-
c. Moving electronic components from the stockroom to the production floor to begin making DVD players
d. Send employees for an annual training-
e. Receiving cash payments from customers-
f. Decide how many goods to manufacture
g. Acquiring new equipment for our manufacturing facility-
h. Picking DVD players from the warehouse to prepare them for shipping to fill orders
i. Estimate the allowance for bad debt
j. Receiving timecards from employees
k. Sell 20% interest in the company to a venture capital firm
l. Verifying a customers credit limit
m. Pay federal payroll taxes
n. Receive purchased goods in the receiving department
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