Ais certificatio - Study guides, Class notes & Summaries
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AIS Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 12 pages • 2024
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What is the major difference between the revenue and expenditure cycle? - In the 
revenue cycle, cash is received; in the expenditure cycle, cash is paid out. 
The basic "give and take" functions of business have been grouped into transaction cycles. 
The cycle that includes the events of hiring employees and paying them is known as the: - 
human resources cycle 
Information that reduces uncertainty, improves decision makers' ability to make predictions, 
or confirms or corrects their prio...
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