In Which Transaction Cycle Would Information for Paying Interest Be

question 80

Multiple Choice

In which transaction cycle would information for paying interest be most likely to pass between internal and external accounting information systems?

• A) the revenue cycle
• B) the expenditure cycle
• C) the human resources / payroll cycle
• D) the financing cycle

---

Definitions:

Posterior Chamber

Chamber of the eye between the iris and the lens.

Lens

A transparent, flexible optical element in the eye that focuses light onto the retina, allowing for clear vision.

Cornea

The eye's outermost, transparent layer, which covers the iris and pupil and helps focus incoming light.

Vascular

Pertaining to blood vessels, it involves the transport of blood throughout the body.