Categorize Each of the Following Activities into the Expenditure,conversion or Revenue

question 119

Essay

Categorize each of the following activities into the expenditure,conversion or revenue cycles and identify the applicable subsystem.
a.Preparing the weekly payroll for manufacturing personnel.
b.Releasing raw materials for use in the manufacturing cycle.
c.Recording the receipt of payment for goods sold.
d.Recording the order placed by a customer.
e.Ordering raw materials.
f.Determining the amount of raw materials to order.

Evaluate the impact of online advertising on traditional advertising media.

Understand the economic challenges faced by alternative media outlets in the digital landscape.

Discuss the implications of media homogeneity and diversity on consumer choice and culture.

Understand the influence of economic forces on media production and distribution.

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Definitions:

Establish

To set up, found, or create an organization, system, or set of rules.

Dual Federalism

A political arrangement in which power is divided between the federal and state governments in clearly defined terms, with state governments exercising those powers accorded to them without interference from the federal government.

Federal Government

The national government of a federated state, which shares sovereignty with the constituent states or provinces and possesses certain powers delegated to it by a constitution.

State Governments

The governing bodies of individual states within a federal system, responsible for local legislation and administration.