Which Entity Is Likely to Be Part of Both the Payroll

question 51

Multiple Choice

Which entity is likely to be part of both the payroll cycle and the expenditure cycle?

• A) Receive Goods
• B) Customer
• C) Disburse Cash
• D) Inventory

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Definitions:

Equipment-based Services

Services that are primarily provided through the use of specialized machinery or equipment, often in sectors like healthcare, construction, or manufacturing.

Method of Delivery

The means or process through which a product or service is delivered to the customer.

ATMs

ATMs, or Automated Teller Machines, are electronic banking outlets that allow customers to complete basic transactions without the need for a branch representative.

Equipment-delivered Services

Services that are provided with the aid of specialized equipment, often involving maintenance, delivery, and operation of the equipment itself.