Who of the Following Would Not Be Involved in the Expenditure

question 19

Multiple Choice

Who of the following would not be involved in the expenditure cycle?

• A)Accounts payable clerk.
• B)Receiving clerk.
• C)Cashier.
• D)Requisition manager.

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Definitions:

Maximizing Profits

The process of adjusting production and operational processes to achieve the highest possible profit margin.

Minimizing Losses

Strategies or actions taken to reduce the amount of money or resources wasted or not gained in a business operation or investment.

Output

The amount of goods or services produced by a business, industry, or economy.

Price

The financial sum expected, necessary, or handed over in exchange for something.