Before goods are shipped on account, a properly authorised person must:
A) verify that the unit price is accurate.
B) prepare the sales invoice.
C) approve credit.
D) approve the journal entry.

Question

Quizplus · Accepted Answer

Before shipping goods on account, it is essential to approve credit to ensure that the customer has the capability to pay for the goods purchased. Verifying the unit price, preparing the sales invoice, and approving the journal entry can take place after credit approval.

Before Goods Are Shipped on Account, a Properly Authorised Person