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17 Cards in this Set
- Front
- Back
Value Chain |
An organizing framework for business processes, beginning with vendors and ending with customers |
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business process |
Related activities performed by an enterprise to create value by transforming input into output |
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Sales cycle |
exchanges or transactions between an enterprise and its customers |
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transaction cycles |
accounting transactions related to specific business processes |
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payroll cycle |
transactions with employees |
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integrated enterprise system |
shares data across functional areas within the enterprise |
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purchasing cycle |
transactions related to purchasing items from vendors |
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enterprise system |
a system that supports business activities throughout the enterprise, including inputs, processing, and outputs |
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baseline accounting system |
a model that provides an enterprise-wide view of the firm's accounting system |
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General Ledger |
Financial cycle |
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account transactions |
financial cycle |
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time worked |
payroll cycle |
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employee |
payroll cycle |
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purchase order |
purchasing cycle |
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cash receipts |
sales cycle |
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customer |
sales cycle |
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recording and processing information about a transaction at the time it takes place is referred to as which of the following? |
a |