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Stolb23 [73]
3 years ago
7

In which transaction cycle would customer sales transaction information be most likely to pass between internal and external acc

ounting information systems?
a. the revenue cycle

b. the expenditure cycle

c. the human resources / payroll cycle

d. the financing cycle?
Business
1 answer:
dlinn [17]3 years ago
5 0
A. the revenue cycle

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Answer:

Accounting profit=$300,000

Explanation:

<em>Accounting profit is the difference between revenue from from production or service activities and the expenditures incurred.  </em>

<em>It is the difference between the total revenue and the</em><em> total explicit costs</em><em>. Explicit costs are those transaction cost incurred to generate revenue . E.g the cost of the material , labour, expenses e.tc.</em>

On the other hand, economic profit includes accounting profit plus opportunity cost. Opportunity cost is the value of the benefits sacrificed in favour of a decision.  

Accounting profit = Sales revenue - Explicit cost

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4 0
3 years ago
A blue ocean type of offensive strategy: Select one: a. Refers to initiatives by a market leader to steal customers away from un
frez [133]

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4 0
3 years ago
The _ is a financial aid program based on financial need that provides funds for student employment
scZoUnD [109]

Answer

Hi,

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Best wishes!

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