There Are Three Basic Activities in the Expenditure Cycle

question 9

Multiple Choice

There are three basic activities in the expenditure cycle.One of the basic activities is the receiving and storage of goods,supplies,and services.What is the counterpart of this activity in the revenue cycle?

• A)the sales order entry process
• B)the shipping function
• C)the cash collection activity
• D)the cash payments activity

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Definitions:

Structuralism

Structuralism is an approach in psychology that seeks to understand the structure of the mind by breaking down mental processes into their simplest components.

Behaviorism

A branch of psychology that focuses on observable behaviors and disregards the mental processes.

Structuralists

Early psychologists who analyzed the basic elements of thoughts and sensations to understand the structure of the mind.

Ethologists

Scientists who study animal behavior in natural environments, focusing on instinctive or innate behaviors.