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In general, the business cycle is said to go through expansion, then the peak, followed by contraction, and then it finally bottoms out with the trough.
The revenue cycle is a recurring set of business activities and related information processing operations associated with providing goods and services to customers and collecting their cash payments.The primary external exchange of information is with customers.he revenue cycle is a recurring set of business activities and related information processing operations associated with providing goods and services to customers and collecting their cash payments.