Which business cycle does the purchase of inventory for resale or raw material to use in producing products relate to?

Only type the name of the cycle in the space provided, starting with a Capital letter.

Which business cycle does the transfer of material to the factory for further processing relate to?

Only type the name of the cycle in the space provided, starting with a Capital letter.

Match the following terms to the most appropriate definition

Information technology is a component of digital technology which uses electronic resources to manage data.

Due to disruption caused by technology, audit and assurance engagement is increasingly performed remotely.