Which of the Following Is Not a General Threat to the Revenue

question 20

Multiple Choice

Which of the following is not a general threat to the revenue cycle?

• A)inaccurate master data
• B)loss of customers
• C)poor performance
• D)unauthorized disclosure of sensitive information

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Definitions:

Debits

These are entries on the left side of accounting records, used to increase asset or expense accounts or decrease liabilities, equity, or revenue accounts.

Credits

Accounting entries that increase liabilities or equity or decrease an asset or expense.

Common Shares

Shares of stock, which signify part ownership in a corporation, granting the holder the right to vote on corporate matters and to receive a portion of the company’s earnings via dividends.