Match the Following Accounting Cycles to the Appropriate Subsystems

question 88

Multiple Choice

Match the following accounting cycles to the appropriate subsystems.
-Purchasing Cycle

• A)Operations/Production System
• B)Supply Chain Management
• C)Customer Relationship Management

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Definitions:

Physical Controls

Security measures implemented to protect tangible property, assets, or inventory from damage or unauthorized access.

Independent Internal Verification

The review and verification of data or transactions by an unbiased party within the organization.

Human Resource Controls

The procedures and policies put in place to manage personnel and ensure compliance with employment laws.

Worksheet

A document or file used for organizing and planning data, calculations, or information, often used in accounting and finance.