Which of the Following Is the Correct Order of the KMS

question 74

Multiple Choice

Which of the following is the correct order of the KMS cycle?

• A) capture, create, refine, store, manage, disseminate
• B) capture, create, refine, store, disseminate, manage
• C) create, capture, refine, store, manage, disseminate
• D) create, capture, refine, store, disseminate, manage

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Definitions:

Revenues

The overall income earned from transactions of goods or services central to a business's core functions.

Operating Revenues

The income earned from a company's main business operations, excluding income from investments or secondary sources.

Operating Expenses

The costs associated with the normal operations of a business, excluding costs related to producing goods or services, like rent, utilities, and salaries.

Interest Expense

The cost incurred by a company for borrowed funds, shown as an expense on the income statement.