I. Perform the following activities: (1) Classify each of the following tasks as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle; (2) Identify the data needed for each task; (3) Discuss the types of information that would be useful to plan, monitor, or evaluate the activity (examples of reports)

a. Selling bonds to raise capital -

Financing cycle

Interest rates, Broker/Dealer data, Bond holder (buyer) data, Bond sale amount data, Bond sale date data, Amounts available/ issued, etc.

Information on the overall bond market and the economy, information on the operating budget (budget report) necessitating additional fund raising through the issuance of bonds, report on periodic bond sale totals, report on fees paid to broker/dealers vs. market, ...

b. Purchasing electronic components to manufacture DVD players -

Expenditure

c. Moving electronic components from the stockroom to the production floor to begin making DVD players -

Revenue

d. Send employees for an annual training; costs are reimbursed after travel -

Human resources/ Payroll

e. Receiving cash payments from customers -

Revenue

f. Decide how many goods to manufacture -

Production

g. Acquiring new equipment for our manufacturing facility -

Production

h. Pay federal payroll taxes -

Human resources/ Payroll

i. Estimate the allowance for bad debt -

Financing

j. Receiving timecards from employees -

Human Resources/ Payroll

k. Verifying a customer's credit limit -

Financing

l. Receive purchased goods and transfer them to the warehouse -

Expenditure