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  3. 1. explain how the accounting cycles (revenue, exp

1. Explain how the accounting cycles (revenue, expenditure, production, and human resource/payroll) interact in a...

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Accounting

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1. Explain how the accounting cycles (revenue, expenditure, production, and human resource/payroll) interact in a business organization and with the general ledger and reporting. Draw cycles and the interrelationships among them. 2. For each accounting cycle: a. Describe the cycle: purpose, resources, documents, reports, and information. b. Describe the activities or sub-processes of the cycle? c. Diagram the process along with input and outputs of the cycle? 3. Define the general ledger process. What are the steps in the general ledger process? 4. What reports are produced from the general ledger process? 5. Understand and apply business process diagrams to a given scenario

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