Term
What are the main revenue cycle events |
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Definition
Sales & receive cash (maybe take sales orders) |
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Term
What are the major expenditure cycle events |
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Definition
order inventory, receive inventory, cash disbursement |
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Term
What are the main payroll cycle events |
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Definition
time worked & disburse cash |
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Term
What are the main events in the production cycle |
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Definition
issue raw materials, perform job operations, perform machine operations, work in process |
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Term
What are the 3 entities containing data for the production cycle |
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Definition
bill of materials, job operations schedule, machine operations list |
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Term
What are the main events in the rental cycle |
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Definition
receive item, rent item, get cash |
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