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Revenue Cycle Subsystems and Activities

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24 views1 page

Revenue Cycle Subsystems and Activities

Uploaded by

Karaoke
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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CIA2002 Accounting Information Systems

Sem 1 2019/2020 Tutorial 2

1. What are the subsystems of the revenue cycle?

2. Provide a specific example of a general ledger account and a


corresponding subsidiary ledger.

3. Describe the key activities in the revenue, conversion, and expenditure


cycles.

5. Categorize each of the following activities into the expenditure, conversion


or revenue cycles and identify the applicable subsystem.

[Link] the weekly payroll for manufacturing personnel.


[Link] raw materials for use in the manufacturing cycle.
[Link] the receipt of payment for goods sold.
[Link] the order placed by a customer.
[Link] raw materials.
f. Determining the amount of raw materials to order.

6. Compare and contrast the relative advantages and disadvantages of


sequential, block, group, alphabetic and mnemonic codes.

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