The likely result of a lack of proper authorisation in the sales and collection cycle is the loss of:
A) company assets by shipping goods to customers who fail to pay for them.
B) potential revenue by billing sales at an incorrect price.
C) company assets by shipping goods to fictitious customers.
D) all of the above

Question

Quizplus · Accepted Answer

A lack of proper authorization in the sales and collection cycle can lead to all the mentioned scenarios, resulting in the loss of company assets by shipping goods to customers who don't pay, potential revenue lost due to incorrect billing, or shipping goods to nonexistent customers. Therefore, the best choice is D, as all options are correct.

The Likely Result of a Lack of Proper Authorisation in the Sales