Which Entity Is Most Likely to Be Part of the Payroll

question 56

Multiple Choice

Which entity is most likely to be part of the payroll cycle,expenditure cycle,and the revenue cycle?

• A)Customer.
• B)Cash.
• C)Supplier.
• D)Inventory.

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Definitions:

Marginal Product

The increase in output resulting from a one-unit increase in the use of a variable input, holding all other inputs constant.

Lawns Mowed

Lawns mowed refers to the action of cutting the grass of a lawn to maintain a neat and tidy appearance, often used as a measure of work done in landscaping services.

Marginal Product

The additional output generated by employing one more unit of a specific factor of production, holding other inputs constant.

Yards Raked

The measure of area covered or cleaned by raking leaves or debris, often used as an example of physical labor or service provided.