The sales and cash collections process begins when:
A)Merchandise is shipped to a customer.
B)A customer places an order with the company.
C)Merchandise is purchased.
D)A vendor places an order with the company.

Question

Quizplus · Accepted Answer

The sales and cash collections process begins when a customer places an order with the company. This is the point where a sales transaction is initiated and the process of fulfilling the order, shipping the merchandise, and collecting payment begins. The other options (A, C, and D) are either unrelated or represent later stages in the process.

The Sales and Cash Collections Process Begins When