What Is the Major Difference Between the Revenue and the Expenditure

question 65

Multiple Choice

What is the major difference between the revenue and the expenditure cycle?

• A)The revenue cycle includes marketing activities; the expenditure cycle does not.
• B)In the revenue cycle,cash is received; in the expenditure cycle cash is paid out.
• C)The expenditure cycle includes paying employees.
• D)The revenue cycle includes the activity of obtaining funds from investors.

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Definitions:

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