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    Accounting Information Systems
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    Exam 13: Transaction Cycle The General Ledger and Financial Reporting Cycle
  5. Question
    The General Ledger and Financial Reporting Cycle Ends When
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The General Ledger and Financial Reporting Cycle Ends When

Question 37

Question 37

Multiple Choice

The general ledger and financial reporting cycle ends when:


A) no more data are received from other cycles
B) budgets are created
C) financial reports have been generated and distributed
D) budget variances are examined

Correct Answer:

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