Which System Is Not Part of the Expenditure Cycle

question 12

Multiple Choice

Which system is not part of the expenditure cycle?

• A)cash disbursements
• B)payroll
• C)production planning/control
• D)purchases/accounts payable

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Definitions:

Ingredients

Components or elements combined in the preparation of a particular dish or product.

Value Engineering

A systematic method to improve the "value" of goods or products and services by using an examination of function.

Product Design

The process of creating a new product to be sold by a business to its customers, involving concept development, solution sketching, prototyping, and testing.

Value Analysis

A methodical approach to identify and eliminate unnecessary costs in product design and manufacturing without sacrificing functionality or quality.