Question

Which department is least likely to be involved in the revenue cycle?

a. shipping
b. accounts payable
c. credit
d. billing?

Answer 1

B. Accounts Payable. The accounts payable department is responsible for the money owed by the company to its creditors. The other departments are focused on making the company money during the revenue cycle, whereas the accounts payable is focused on how the company finances and pays its debts to perform its primary functions.