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Classify each of the following tasks as belonging in the revenue, expenditure, human resources/payroll, production, or financing...

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Accounting

Classify each of the following tasks as belonging in therevenue, expenditure, human resources/payroll, production, orfinancing cycle

a. Selling bonds to raise capital-

b. Purchasing electronic components to manufacture DVDplayers-

c. Moving electronic components from the stockroom to theproduction floor to begin making DVD players–

d. Send employees for an annual training-  

e. Receiving cash payments from customers-  

f. Decide how many goods to manufacture –

g. Acquiring new equipment for our manufacturing facility-

h. Picking DVD players from the warehouse to prepare them forshipping to fill orders –

i. Estimate the allowance for bad debt –

j. Receiving timecards from employees –

k. Sell 20% interest in the company to a venture capital firm–

l. Verifying a customer’s credit limit –

m. Pay federal payroll taxes –

n. Receive purchased goods in the receiving department –

Answer & Explanation Solved by verified expert
3.7 Ratings (647 Votes)
Selling bonds to raise capital The said task belongs to financing cycle where the funds are being raised by way of raising bonds Purchasing electronic components to manufacture DVD players It forms part of expenditure where the components purchased will add to the cost of the organisation Moving electronic components from the stockroom to the production floor to begin making DVD players Moving electronic components is part of production planning Based on the requirement and production the    See Answer
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