What is one of the key functions of the treasury cycle in an AIS?

One of the key functions of the treasury cycle in an Accounting Information System (AIS) is to manage the organization's cash and investments. This includes calculating changes in investments, which helps in assessing the liquidity and financial position of the entity. The treasury cycle focuses on cash management practices, investment strategies, and risk management related to financial assets. By tracking changes in investments, the treasury cycle provides crucial insights into how effectively funds are being managed and whether the organization's investment strategies align with its financial goals.

The other options are unrelated to the primary purpose of the treasury cycle. Generating employee payroll pertains to human resources and payroll cycles, managing customer relationships is tied to sales and marketing functions, and tracking inventory levels relates to the inventory management cycle. Each of these areas requires different processes and systems that do not overlap significantly with functions specific to the treasury cycle.