What Is the Primary Objective of the Revenue Cycle

question 37

Multiple Choice

What is the primary objective of the revenue cycle?

• A) to maximize revenue and minimize expense
• B) to reduce outstanding accounts receivable balances through increased cash sales
• C) to provide the right product in the right place at the right time at the right price
• D) to sell as much product as possible and/or to maximize service billings

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Definitions:

Interpersonal Violence

Violence that occurs between individuals who know each other, such as partners, family members, friends, or colleagues.

Frustration-Aggression Hypothesis

The hypothesis that every frustration leads to some form of aggression and every aggressive act is due to some prior frustration.

Accidentally

Occurring by chance, without intent or planning.

Aggression

A behavior aimed at causing harm or pain to another person, motivated by various biological, social, or environmental factors.