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For each of the business events listed in the following table. (1) identify the business process for the event in a process-based approach and (2)
For each of the business events listed in the following table. (1) identify the business process for the event in a process-based approach and (2) identify the traditional accounting cycle(s) for the event. For non-accounting events, use "not applicable" where necessary." Business Event- Business Process Approach Traditional Accounting Cycle(s) Ship goods to credit customer Pay hourly employees for the week 3. Sell goods for cash 4. Order a new factory machine 5. Receive raw materials from vendor 6. Receive payment from credit customer 7. Take out a loan to pay for new factory machine 8. Pay a dividend to shareholders 9. Manufacture a product 10. Write off an uncollectible account 11. Missue new common stock = SUPPORT
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