Which of the Following Is Not a Common Transaction Processing

question 106

Multiple Choice

Which of the following is not a common transaction processing cycle found in business organizations?

• A) Expenditure cycle
• B) Accounting cycle
• C) Production cycle
• D) Revenue cycle

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Definitions:

Arbitration Hearings

Formal meetings in which an impartial arbitrator makes a decision on a dispute between two parties, outside of court.

Formal Court Proceedings

The official legal processes conducted in a courtroom, governed by specific rules and regulations, to resolve disputes or administer justice.

Statutory Legislation

Refers to laws and regulations enacted by a government's legislative body to dictate and guide behavior within its jurisdiction.

Anti-bullying Rules

Regulations or policies implemented within organizations to prevent harassment, intimidation, and bullying behavior among employees.