Both the Revenue and the Expenditure Cycle Can Be Viewed

question 71

Multiple Choice

Both the revenue and the expenditure cycle can be viewed as having two key parts.These are

• A)manual and computerized
• B)physical and financial
• C)input and output
• D)batch and real-time

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Definitions:

European Serfs

Peasants under feudalism, particularly in medieval Europe, who were bound to cultivate their lord's land and were subject to his control, though not owned as slaves.

Legal Rights

Codified entitlements that individuals have under the law, including rights to free speech, fair trial, voting, and equality before the law.

European Slaves

Individuals from European countries who were enslaved or indentured at various points in history, including during the Ottoman conquests and in the Barbary slave trade.

Gang Labor

A system of labor, especially in agriculture, where a group of workers is directed and supervised by an overseer, often associated with the antebellum South in the United States.